In-demand Priory Press invests £500k in its move to new factory
Printing and packaging firm Priory Press is preparing to quadruple the size of its operations and create five new jobs in a relocation investment worth £500,000.
The company is moving from Holywood to a new factory in Conlig, Co Down to meet growing demand for its specialist services for the food packaging sector and the health and beauty market.
The new premises will include a specialist preparation kitchen and a photo studio so that food can be styled, cooked and photographed as part of the brand development process, bringing artisan products from their initial concept to the marketplace.
Its packaging production process includes the design and manufacture of items including food tray sleeves, labels for bottles and jars and boxes for everything from cupcakes to gift boxes.
It also creates bar codes and provides in-house printing, die-cutting, foil blocking, folding and gluing for clients like Northern Ireland businesses Mash Direct, Suki Tea, Grace's Biscuits, and Dublin firm Skoff Pies.
Mark McConville, managing associate at Priory Press, said: "We work primarily with convenience food producers in a sector which has remained fairly buoyant throughout the recession.
"Our job is to make the process of market entry, product development and structured growth as straightforward and economical as possible.
"We have always taken a long term and relationship focused approach to our customers, offering smaller print runs early in their life cycle in the hope that as their business grows so too will ours."
The investment was part-funded by Danske Bank.
Mr McConville said: "Danske Bank has provided our commercial mortgage and asset finance to allow us to invest in equipment. In the last couple of years we have developed a strategy for growth and we believe that now is the right time to move to a high specification factory."
Oonagh Murtagh, head of finance centre at Danske Bank, said: "Priory Press has ambitious plans and this relocation into a larger facility in Conlig will provide them with the equipment and the resources they need to continue to grow.
"Demand within the food packaging sector has remained steady across the UK and Ireland and it is great to see Priory Press driving their business forwards. Danske Bank has been pleased to have the opportunity to support this major investment."