Dubai-based Hotpack Packaging is expanding operations to Wrexham and creating over 250 jobs, after receiving support from the Welsh Government.
The food packaging firm has purchased the land and associated property at the Llay Industrial Estate in Wrexham as a manufacturing and warehouse site and has plans to create over 250 jobs over the next 3 to 5years.
After 22 years of expansion in the middle east, the Hotpack management team had been looking for a suitable location to manufacture in Europe.
The company’s decision to locate
This is the first loan to come from the Welsh Government’s £100 million Wales Flexible Investment Fund.
The company has praised this support and said it helped in selecting Wales as a base ahead of stiff competition from Slovakia and other European countries.
Economy Secretary Ken Skates said: “I am delighted that following a period of close working between Welsh Government and Hotpack Ltd, and £1.5m of support through the Development Bank, the company has made the decision to move to Wrexham.
“With a business plan that expects to deliver 250 jobs over the next 3 years, I am confident that Hotpack’s move here will bring genuine benefits to the local economy and community, and I look forward to visiting when the new facility is up and running.
“This is an example of exactly what can be achieved when businesses are given access to the right advice support.
“Last month I was pleased to launch the Development Bank of Wales, which will provide us with a competitive edge over the rest of the UK.
“I am confident this will ensure we enjoy even more success in boosting job opportunities in communities right across Wales.”
Hotpack Packaging Global Managing Director Abdul
“We were particularly impressed too by the assistance of Economy Secretary, Ken Skates and Rural Affairs Secretary, Lesley Griffiths, other local politicians and Wrexham Council.
“The Welsh Government’s business support team have worked closely with us throughout our fact-finding visits.
“Having now completed the site purchase, we have already commenced the site factory & development and we look forward to a long and mutually prosperous relationship with the people and businesses of Wales.
North Wales regional manager of the Development Bank of Wales, Rhodri Evans, added: “It is great news the first company in North Wales to benefit from the Wales Flexible Investment Fund is one with the potential of major job growth in the area.
“Working with Welsh Government, we have been able to provide the finance to help attract an expanding business to Wales and choose Wrexham as the location for its first UK base.”
Hotpack will also share the site with Sharp, who are already based at the same location.