A Norwich based Packaging machinery manufacturer said a cash injection from the “Growing Business Fund” could help it expand its factory and strengthen its workforce. Redpack said it was eyeing up the fund as a potential driver for its investment plans after seeing a continued demand for its flow wrapping machines both in the UK and overseas.
Business Secretary Vince Cable championed the firm as a “Superb Company” during his visit to Norwich for its ability to survive the recession and establish a foothold overseas.
Dr Cable said: “Redpack clearly is a superb local company. They have got more than 40 local employees here. They are a successful manufacturer, exporting all over the world in Brazil, Mexico and Malaysia. They have got a full order book and they have got through the recession. The problem they do have is that they want skilled people, which is why we have to invest more in apprenticeships, and if they are really going to expand they are going to need more funding support, so this is why funds like the Growing Business Fund, will be useful".