Finance package for Box Factory helps automation strategy

Packaging business The Box Factory has secured a £2 million funding deal with HSBC UK to enhance its automation.

Based in Leamington Spa, The Box Factory is one of the largest independently owned, high-volume manufacturers of corrugated packing in the UK, all of it certified by the Forest Stewardship Council.

During the pandemic, demand for packaging in the healthcare and retail sectors peaked, and the business saw its client base expand. To meet this demand, the company has also used the funding from HSBC UK to increase warehouse capacity and accommodate its growing sales team.

Chris Earle, Finance Director at The Box Factory, said: “With consumer purchasing habits changing postpandemic and increased market demand, we’re thinking strategically about our growth plans and are spending this time investing in our site, products and manufacturing potential. The help from HSBC UK has been invaluable.”