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Birmingham Post
Birmingham Post
Business
Abigail Turner

Plant-Ex Ingredients increases production capacity after securing £3.3m funding

Lloyds Bank Bristol

A Bristol-based international and food manufacturer is increasing its production capacity by 30%.

Plant Ex Ingredients has secured £3.3m of funding from Lloyds Bank, which will help it source additional raw materials to fuel expansion.

In a statement, the company said that due to increasing global demand, Plant Ex Ingredients is expanding its reach beyond European borders to Turkey where it has a second factory, as well as Africa, Asia and the Americas. To facilitate the business’ product innovation and growth trajectory, it "needed to increase its stockpile of raw materials and manufacturing capabilities".

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