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Princes invests £40m in Bradford factory (From Bradford Telegraph and Argus)
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Princes invests £40m in Bradford factory
7:00am Thursday 29th November 2012 in Bradford
Soft drinks manufacturer Princes has started the first phase of construction work at its site in Bradford
Soft drinks manufacturer Princes is making a £40 million vote of confidence in its Bradford operation in a move that will keep the city at the forefront of the food and drinks sector.
The Liverpool-based group will invest more than £40 million over the next 12 months transforming the site on Weaverthorpe Road in Tong, which is the group’s largest soft drinks factory.
Princes has started the first phase of construction work after undertaking initial groundworks to prepare the site.
The site, which has been owned by Princes since 1991, employs more than 300 people and produces more than 400 million bottles of fruit squash and carbonated soft drinks a year. A company spokesman said while the investment was not directly linked to job creation, expansion of the site could lead to more employment in the longer term .
Ken Critchley, managing director, said: “This strategic investment ensures the site’s ongoing status as one of the leading soft drinks production sites in the UK.”
More than 31,000 sq metres of new warehouse and production space will be created as part of the investment to increase production and storage capacity and improve efficiency.
Old office blocks and other redundant buildings have been demolished to make way for a warehouse, which will house all soft drinks products produced at the site before they are sent to stores and wholesalers across the country.
The main production building will be connected to the warehouse to convey products for storage and distribution without the use of vehicles, helping support the company’s environmental target to reduce road miles.
Princes is also investing in a new central syrup manufacturing facility.
Coun David Green, leader of Bradford Council, said: “Clearly, it’s more good news for Bradford that a major business is investing in the city when there is much bad news about the general economic climate.
“We very much welcome Prince's decision to develop its Bradford site.”
Comments(17)
PaddyBantam
says...
8:02am Thu 29 Nov 12
PaddyBantam
says...
8:04am Thu 29 Nov 12
webess
says...
9:47am Thu 29 Nov 12
!
angry bradfordian
says...
9:51am Thu 29 Nov 12
webess wrote:No. It's more spin from our politicians that brings out more moaning.
Even news about fresh investment brings out the moaners...incredible
!
Save2020
says...
10:04am Thu 29 Nov 12
......although I'm suprised it not becoming a pawnbroker/payday super warehouse slash bookmakers, that's the brat-fud trend.
RollandSmoke
says...
10:06am Thu 29 Nov 12
angry bradfordian
says...
10:11am Thu 29 Nov 12
Save2020 wrote:The photograph shows a building site, so I assume this isn't new news regarding the investment.
If no new jobs are to be created, then other than princes, who does this 'investment' benefit other than princes???
......although I'm suprised it not becoming a pawnbroker/payday super warehouse slash bookmakers, that's the brat-fud trend.
If no new jobs are being created you can only assume that it's not increase efficiency and ultimately to make more money for the shareholders.
Still much better news that the usual redundancy stories though!
Albion.
says...
10:27am Thu 29 Nov 12
Avro
says...
11:42am Thu 29 Nov 12
webess wrote:If as it seems, no new jobs are being created then you can only assume that the investment is to increase plant efficiency, and therefore ultimately the idea is to make more money for its shareholders.
Even news about fresh investment brings out the moaners...incredible
!
So the only good news here is for shareholders!
How can you not moan about a £40m investment that does not produce any extra jobs??
Albion.
says...
11:46am Thu 29 Nov 12
Avro wrote:It re-enforces their commitment to Bradford though, it could just have easily gone elsewhere.
webess wrote:If as it seems, no new jobs are being created then you can only assume that the investment is to increase plant efficiency, and therefore ultimately the idea is to make more money for its shareholders.
Even news about fresh investment brings out the moaners...incredible
!
So the only good news here is for shareholders!
How can you not moan about a £40m investment that does not produce any extra jobs??
Blotto
says...
11:50am Thu 29 Nov 12
Another Landless Peasant
says...
12:16pm Thu 29 Nov 12
PaddyBantam
says...
12:47pm Thu 29 Nov 12
webess wrote:How is it moaning? It was a query, followed by at least its security.
Even news about fresh investment brings out the moaners...incredible
!
Have a word with yourself.
PaddyBantam
says...
1:14pm Thu 29 Nov 12
webess wrote:Seems your in the minority..incredible
Even news about fresh investment brings out the moaners...incredible
!
! Try thinking before posting and reading what the post you wish to comment on, actually states
Alex_Ross-Shaw
says...
1:43pm Thu 29 Nov 12
alfucham
says...
6:43pm Thu 29 Nov 12
Avro wrote:How about the £80 million investment in the hole of Bradford City Centre (that Westfield have finally admitted they cannot acheive on their own its completion)that has cost this city centre tens of thousands of jobs these past 12 shambolic years it has taken to reach this stage.
webess wrote: Even news about fresh investment brings out the moaners...incredible !If as it seems, no new jobs are being created then you can only assume that the investment is to increase plant efficiency, and therefore ultimately the idea is to make more money for its shareholders. So the only good news here is for shareholders! How can you not moan about a £40m investment that does not produce any extra jobs??
The provident boss stated recently their should be about 15000 more city jobs than there are.
But whose going to want to work or set up there with the scum that rob and steal daily around Bradford City Centre.
Where is the city centre now incidently?
I dont think anyone knows anymore.
just one big big hole.a terrible mess you"ve got us into Mr Green.
You"ve served on regeneration since 1998 and presided over an utter and complete deriliction of a once proud city.
On appointed erstwhile leader of his intrepid band of incompetents he solemnly declared he had been involved with regeneration since the start and wished to continue with that responsibility to see the job finished.
Well I have news for you.
It is finished and Mr Green (by name and nature?)it is entireky down to dreadfull mistakes, continuing,on your part with others.
Death of a city whilst Leeds Manchester Sheffield and practically all other major cities have improved ours has hit the pits.
Looks like the residents of Tong can prepare for even more chaos than current at the top of Wakefield Road which is gridlocked.
I"m voting for the Monster Raving Loonies next time.They could not do a worse job
angry bradfordian says...
7:25am Thu 29 Nov 12
MORE good news??? Have I missed something?