Japanese drinks company Suntory Beverage & Food is to invest £13 million ($16.7m) in its UK-based subsidiary Lucozade Ribena Suntory to install a high-speed bottle filler at its factory in Coleford, Gloucestershire (UK).
The investment is designed to increase productivity and efficiency at the factory, with the filler able to produce 1.3 million bottles a day when in production. £10m ($12.8m) will be spent on new production and processing equipment with a further £3m ($3.8m) invested directly in local contractors who will build and install supporting infrastructure for the line.
Installation is set to begin in the spring and Suntory then expects it to be fully operational by the end of the year. Chris Kane, supply chain operations director at Lucozade Ribena Suntory, said: “We see our Coleford factory as the heartbeat of our UK operations and we are proud that it is one of the most efficient factories across the globe.
“Our parent company, Suntory Beverage & Food recognises this status and their £13m ($16.7m) investment is a vote of confidence in our UK and Gloucestershire operations.”
International Trade Secretary, Dr Liam Fox MP, added: “Japan is an important trading partner and we are committed to creating an even stronger trading relationship as we leave the European Union, which will help to increase investment and support jobs throughout the UK.
“This £13m investment by Lucozade Ribena Suntory in its Gloucestershire factory is great news for local businesses, customers and the economy and will help support more than 330 jobs in the local area.”