The company is extending its St Ives-based kitchens and adding a second fudge production line to meet strong levels of customer demand.
The expansion will give the company the capacity to double fudge production at its kitchens on the Penbeagle Industrial Estate, where it currently employs 56 people. A further 26 jobs will be created as a result of the expansion, which forms part of the company’s plans to double turnover.
In addition to increasing the size of its domestic market, County Confectionery is seeking to grow exports to around a quarter of turnover, up from 16% presently. It currently sells its products into Canada, Australia, the Middle East and the Far East.
County Confectionery has switched its banking to HSBC in advance of the expansion programme and the bank is providing a financial package to help facilitate its growth.
Source: HSBC
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