John Hyde, relationship director at Santander Corporate & Commercial, said: “Chess Plastics is a great example of a local firm at the heart of the UK economy. The firm is showing strong signs of growth and this latest investment in the hi-tech machine is a clear indication of the firm’s appetite for expansion and focus on product excellence.”
Having also just taken on three more staff, Chess Plastics’ director, Gareth Olden commented: “We’ve had a strong year of growth and are in an excellent position to invest for the future.
These machines will replace older, less efficient and less productive equipment, and in line with Chess Plastic’s large mouldings policy, will shift the on-site tonnage range to a higher minimum of 500 and maximum of 1,300 tonnes.
Established in 1968, Chess Plastics has grown over the past five decades into a leading supplier of hi-grade plastic products and become a specialist in large-size and high-volume manufacturing.