Ice cream maker Hill Station has made significant improvements in operational efficiency in recent months, despite its cash flow problems, it has emerged.
The firm, which has just parted company with its finance director and seen its shares suspended for the second time in two years, has driven up overall equipment effectiveness (OEE) in its Cwmbran factory from 50% in 2006 to 78-80% in 2008. Ruthless control of costs has also helped drive significant reductions in labour, energy and distribution costs.
However, bosses have been hampered by cash flow problems for more than two years and are still trying to raise additional funding.
The firm was unavailable for comment as Food Manufacture went to press.
See article p37.