Investment Update
We are pleased to announce the completion of the latest phase of our investment programme within Corespec Ltd.
Line 1 had undergone a full electrical upgrade and the installation of modern drive technology during July 2024 with plans in place to upgrade the motor and drive technology of Line 2 during the first quarter of 2025. These works on Line 2 have now been completed with zero disruption to the customer base due to an efficient, robust timetable for the works by the 3rd party contractor appointed to carry out the job and diligent production planning internally.
The works compliment the investments made in lines 3 and 4 across the current financial year to revamp the cassette units and introduce new cranes to load coils of paper board to the machines which significantly reduces the risks posed by manual handling the coils.
Speaking of the investments, Operations Director Gareth Ackroyd commented:
“over the past 4 years the company has invested a significant amount of money in updating, improving and future proofing several areas of our operation. This has included investing in the existing production lines to bring them to a modern standard in terms of efficiency and reliability, investing in new machinery, improvements to the company’s premises and committing to reducing the company’s carbon footprint through various projects. However, just as importantly the investments have reduced the Health & Safety risks around the site which will always be our number one priority”.

