It turned out to be a very happy 25th birthday for Midlandsâ box manufacturer The Box Factory, as the business announced record figures. After announcing a turnover of over £1 million for the first time back in January, the company built on this success and achieved the same feat two months later.
The Box Factory is located on the Sydenham Industrial Estate in Leamington Spa, and over the course of the past four years or so the company has had millions of pounds invested into its machinery and infrastructure. This significant investment has been a catalyst in the recent booming figures, with productivity increasing to clients across a variety of different sectors, including medical, electrical, food & drink and construction.
Neil Price, the Managing Director of The Box Factory, has commented, The journey of growth that we have been on is just fantastic. The business has grown organically on a consistent basis over the years, but itâs actually the last four to five years where it has grown at a much faster pace. The investment in our machinery has enabled us to win a number of significant new contracts while also increasing the average spend of many of our existing customers.
This is because we now have wider capabilities, whether it is being able to handle larger orders or being able to produce higher quality, complex packaging. The plan for the future is to continue on our upward trajectory of growth â our turnover grew by 19 per cent last year and we are hoping for more of the same.
The recent success of The Box Factory has highlighted the Midlandsâ real potential to become a business hotspot, according to director Sarah Wilson. The company will be looking to continue leading the way for many years to come, hopefully setting the right example for local business to follow!