“We’re proud to be able to expand our operations in North Wales and create 70 new jobs for the local area following this investment,” said Tomlinson’s Dairies md Philip Tomlinson.
“This is a great place to do business and we’re excited for the future.”
Tomlinson’s Dairies – the largest liquid milk processing business in Wales – received a £14.5M facility from HSBC, a £5M investment from the Welsh government, and £2M from Finance Wales. The remaining £500,000 came from the dairy processor’s cash reserves.
Grow market share
The investment will grow Tomlinson’s Dairies’ market share, according to HSBC.
HSBC area director for Liverpool, Cheshire, north Staffordshire and north Wales Tony Fulton said: “Tomlinson’s Dairies is a great regional success story. We look forward to supporting the business as it creates local jobs, meets strong customer demand and increases its market share nationwide.
“We are proud to have worked together with Finance Wales and the Welsh government to support this dynamic Welsh business.”
Finance Wales senior investment executive Rhodri Evans said: “Tomlinson’s is a great north Wales business. It is well established and it offers a great product.
‘Significant private sector investment’
“We’re pleased to be able to support its expansion and help it attract significant private sector investment to the company. I wish Philip and the team every success for the future.”
Tomlinson’s Dairies has now invested £36M in expanding its operations over the past year, after it injected £14M into its Wrexham factory, in September. The investment came after it won a three-year contract with Sainsbury.
The dairy processor produces more than 100M litres of milk a year from its 6,500m2 facility. It supplies milk and cream to a wide range of customers, in several types of packaging: bottles, glass pints, ‘eco pouches’, and sustainable cartons.
Tomlinson’s Dairies investment – at a glance
- £22M investment
- 70 new jobs
- Processor to expand cold storage facilities