A North East manufacturer that boasts Sky Sports and Disney among its client list is planning to double turnover after expanding its premises.
Tyne Tees Packaging (TTP), based on Heighington Lane Business Park in Newton Aycliffe, has become one of the largest independent manufacturers of corrugated packaging in the region since it was founded by managing director Gerard Wiper in 1982.
The company started with a 5,000 sq ft operation on Aycliffe Business Park before moving to new premises twice that size two years later.
Now it has taken on a 70,000 sq ft unit at Grindon Way and drawn up long-term plans to double turnover from £7.5m to £15m.
The new operation includes investment in modern machinery, which will allow the business to remain competitive while diversifying its client base.
Operations manager Mark Barron said: “We have relocated several times but that has always been because we have outgrown premises. This time is no different. To move the company forward, we need to bring in new machinery and expand capacity to grow even further over the next decade.
“Everything is much more competitive these days so we constantly have to look at how we improve efficiency to get things moving through the plant quickly and we can only do that by investing in new technology.”
The firm, which employs around 50 people, has benefitted from having its own logistics division and a fleet of vehicles close to the A1, which means the bulk of its Scottish-borders-to-Humberside catchment area is accessible within a couple of hours.
Many customers have been with TTP since the early days, but company’s order book continues to grow, with 25 new clients coming on board so far this year.
By next year, turnover is expected to exceed £8m.
Barron said: “We now have a fantastic operation with design, production, warehousing and logistics all on one prime location. It’s the most exciting time there has ever been for this business.
“Realising the potential for more growth, increasing turnover and generating more profit are all exciting challenges.”
The sector, he added, remained competitive, but investment in technology would give TTP an edge.
“If you are investing in the best technology, you still need people to operate it,” he said.
“It’s specialised machinery, which is labour intensive so we need a steady stream of new staff who can be trained up.
“But as we have grown consistently over the past four or five years, I see no reason why that won’t continue.
“It’s an exciting future for TTP and all the staff are looking forward to our continued growth.”