ONE of Scarborough’s largest factories has received a £4 million investment as part of plans to modernise the site.
UPM Raflatac, which employs 200 people at its Scarborough site, will be spending the seven figure sum over the course of the 2012.
It is the largest investment at the Eastfield factory since 1998, and will see a modernisation of the coating line at the label making firm.
Alan Wright, general manager at UPM Raflatac Scarborough, said; “Our factory has gone from strength to strength in recent years. This is a major investment that will build on the progress we have been making.
“In total £4 million will be used to extensively modernise this facility. It is the biggest investment made into the site for 14 years.
“The result will be a coating line with state of the art technology which will ensure an even safer working environment for our employees and quality and service excellence for our customers.”
In light of the announcement Scarborough MP Robert Goodwill was invited for a tour of the factory, which manufactures paper-based self-adhesive label materials.
There he met with employees and was shown the firm’s manufacturing systems.
Mr Goodwill said: “UPM Raflatac’s latest investment will create a world-class facility which Scarborough should be proud of.”
The Scarborough factory is part of UPM’s Engineered Materials business group, which is one of the world’s largest suppliers of self-adhesive label materials, with 13 factories on six continents.
UPM acquired the Scarborough factory, which sits in Eastfield’s Wareham Road, in 1984, and now employs 200 people at the site.
UPM Raflatac, which is part of the UPM group, employs 2,400 people and made sales of more than 1.1 billion euros in 2011.