Specialist packaging manufacturer GWP Group has recently invested in a third warehouse at their site in Cricklade, Wiltshire, increasing storage by twenty per cent.
The new 10,000sq ft. unit was completed on November 20th this year, and complements the existing 65,000sq ft. across two units already on the site.
The new warehouse will help manage the supply and distribution of packaging products to GWP’s customers in the South West, whilst supporting the company’s continued growth throughout the region and beyond. It will also prove invaluable in terms of contingency planning for Brexit.
The warehouse provides space for an additional 950 pallets - for the storage of finished packaging products - which GWP hold on behalf of their customers.
James Pedley, Operations Manager at GWP Packaging said:
“One of our key services is to hold our customers stock, and to supply it to them on a ‘Just in Time’ basis. This frees up their warehouse space, reduces their associated costs, and also allows us to monitor stock levels and manage peaks in demand for them too.
“Around 80 percent of our customers have us manage their packaging inventory for them, and with continued growth over the last 24 months, we have needed to increase our storage space in order to maintain the success of this service.”
Ruth Cook, Managing Director at GWP commented:
“Many of our customers are nervous regarding the uncertainty of Brexit, and what it could mean for supply of goods and services – including packaging – to their business. One of the steps we are taking is to increase our buffer stock of raw material and finished product, and the additional space provided by the new warehouse will be a great help with managing this.”
The opening of the new warehouse has closely followed the purchase of new manufacturing equipment at both of GWPs’ sites in Cricklade and Salisbury, with more than £1.1 million being invested by the company since 2015.
Ruth also added:
“The last 18 to 24 months have seen phenomenal growth across all areas of our business. This is why we have taken a proactive approach to ensuring we have the machinery, facilities and people in place to meet the increased demand for our products and services.”
Last month, GWP announced another successful year of trading with a continuing strong increase in turnover and new business. The Cotswold and Wiltshire-based manufacturing company saw turnover increase 11.8% in the 2017/18 financial year, following growth of 8.9% in the previous year.
Established in 1990, GWP now employ over 100 people at locations in Salisbury and Cricklade.
For information about GWP see www.gwp.co.uk or telephone 01793 754444.