Rodda’s secured £4.5m investment from HSBC UK

Rodda's workers in the factory wearing PPE
Rodda's has secured a £4.5 million investment from HSBC UK (Rodda's / HSBC UK)

Rodda’s has secured a £4.5 million funding package from HSBC UK to support the expansion of its manufacturing capabilities and upskill its staff.

The Redruth-based dairy firm will use the funding to invest in new automated production machinery to transform its single serve clotted cream production line.

This investment will see Rodda’s introduce robotics into its production for the first time and it streamlines the entire process of producing its 40g pots.

As a result, the manufacturer expects a significant boost to the line’s capacity and efficiency – three time faster than the current process and more than doubling its output. Rodda’s also said the new process would enhance the quality and consistency of each product and its packaging.

‘True to our heritage’

Nicholas Rodda, managing director at Rodda’s, said: “As a proud family business, this support from HSBC UK allows us to invest in the future while staying true to our heritage.

“By introducing robotics into our production, we can enhance efficiency without compromising the craft and quality that make our products so special. This is an exciting step forward in our journey of growth, both locally and globally.”

Rodda’s will also focus on upskilling its current team to operate the new machinery, creating more technical roles and development opportunities.

Furthermore, the funding will support the business’s growth ambitions, increasing visibility and engagement through TV and radio promotions.

‘Empowering businesses’

Christopher Hudson, corporate banking relationship director at HSBC UK, added: “We are committed to empowering businesses like Rodda’s to achieve its growth and innovation ambitions – by supporting technological advancements, workforce development and marketing, Rodda’s can unlock sustainable growth.

“This investment will ensure Rodda’s stays ahead of the curve, maintaining their competitive edge while preserving the quality and tradition they are known for.”

Established by Eliza Jane Rodda in 1890, Rodda’s is a fifth-generation family-owned dairy business known globally for its golden-topped Cornish clotted cream.

The manufacturer continues to produce its cream using traditional methods in the heart of Cornwall, blending Eliza Jane’s expertise with modern techniques to produce dairy products.

Meanwhile, Northumberland-based Simpsons Malt has boosted capacity and reduced emissions following two multimillion pound investments.