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July 2, 2010updated 12 Apr 2017 4:21pm

Lombard supplies finance to packaging company

A Burnley-based food packaging company has secured £1.25 million (1.52 million) of financing from Lombard for a new printing press. Learoyd Packaging sought asset finance from the RBS subsidiary to fund a new Windmoller & Holscher press, the third new press it has invested in over the last five years.

By Claire Hack

A Burnley-based food packaging company has secured £1.25 million (€1.52 million) of financing from Lombard for a new printing press.

Learoyd Packaging sought asset finance from the RBS subsidiary to fund a new Windmoller & Holscher press, the third new press it has invested in over the last five years.

Flexibles firm Learoyd Packaging is looking to expand further after investing more than £1.75m in a new Windmoller & Holscher press.

Managing director Allan Ferguson said: “As the business expands it is critical that we continue to provide customers with the product and service that they are used to.

“We have made significant investment in the last few years and are confident that this will support future business growth.”

Food producers Cadbury, Muller and Warburtons are among Learoyd’s clients.

Claire Hack

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