Northwood & WEPA, the UK and Ireland’s leading private label paper supplier, has reported turnover of £120 million in 2017, up 5% per cent on the previous year.
The news follows a significant period of investment for the market-leading firm, which recently installed £21 million of state-of-the-art manufacturing equipment at its production facility in Bridgend, South Wales.
Employee numbers across the company have risen by five per cent to 284 staff in this period of growth.
Mike Docker, managing director at Northwood & WEPA, commented: “We’ve come up against an unusual set of challenging market conditions this year. Rising inflation, a weak pound and a 30 per cent increase in pulp prices has impacted all paper suppliers hard.
“Our resilience in the face of these testing circumstances is down to our unrivalled experience in the sector. Strong partnerships with key customers and suppliers, unique paper making capabilities and a robust converting process mean we have been able to face these pressures head on and successfully navigate through them.
“The strategic investment we’ve put into our people and facilities is the root of this success, which will see us continue to grow into 2018 and beyond. It’s a fantastic testament to our hard-working team.”
Northwood & WEPA has its commercial headquarters in Bolton and supplies over 600 million toilet and kitchen paper rolls to the UK retail sector per year.
For more information on Northwood & WEPA, please visit: www.northwoodwepa.com