Accrol Group Holdings has reached an agreement with Lancashire County Developments (Property) - the economic development arm of Lancashire County Council - to lease a new 168,000 sq. ft. facility in Leyland, Lancashire.
The new facility will support the company's continued growth with both the discounters and the major multiples in the UK.
The new property will initially house two high speed tissue converting lines purchased by Accrol in April 2016 and also provide finished goods warehousing space, with potential to add two further converting lines if required.
Installation and commissioning of the first two lines will take place during late 2016, with manufacturing planned to start in January 2017. The project is expected to create around 80 new jobs.
At 9:13am: (LON:ACRL) Accrol Group Hldgs Plc share price was +1p at 127.5p