Local MP opens Plastribution’s new premises

Leicestershire-based Plastribution has moved into a larger office space officially opened last week by local MP, Andrew Bridgen.

The move has been made to facilitate the company’s “ambitious plans for future growth,” which include a combination of organic business development and acquisition.

“Our plans going forward are ambitious and we aim to continue our story of success,” said Plastribution’s Managing Director, Mike Boswell. “Today we employ a fantastic team of 65 people across three sites, with a turnover of £75m, generating a profit after tax in excess of £2m.”

The company says it carefully considered the design, style and layout of the new offices, which are three times the size of the company’s previous premises and have been realised after an investment of £40,000.

“When some 10 years ago we moved into CEVA House across the road from here, we realised the importance of the environment on business performance; hence we are incredibly excited by the opportunity that these new and larger offices create,” Boswell continued.

During the official cutting of the ribbon to formally open the offices for business, Andrew Bridgen MP said Plastribution was an “excellent example” of local business doing well. The company was ranked No.46 in ‘Leicestershire’s Top 200 Companies 2013’, due to a 59 percent increase in turnover over a 15-month period.