When news happens, text LT and your photos and videos to 80360. Or contact us by email or phone.
Tissue manufacturer in Blackburn celebrates £6m profits
BOSSES at a tissue manufacturer are celebrating after announcing a profit of almost £6million in the last year – £84,000 more than the year before.
And Accrol Papers, which is based on Roman Road Industrial Estate, in Blackburn, said it expected sales to increase by a further 19 per cent over the coming financial year.
The success was put down to a strategy of ‘strong brand and value for money’ and continued investment in state-of-the-art machinery totalling £636,000 for the 12 months leading up to April 2013.
It was also revealed that the company had plans to start ‘significant’ facial tissue production this year.
In a report, director Mozam Hussain said: “We would like to thank all those employed by Accrol Papers in the year under review for their significant contribution. We have achieved significant growth over the last four years.”
Accrol Papers was listed in the Sunday Times PwC Profit Track 100 for the third year running and its managing director Majid Hussain was shortlisted for both the Ernst and Young Entrepreneur of the Year 2013 for Manufacturing in the North West, which he won, and the 2013 Institute of Directors North West Director of the Year Award.
Mr Hussain added that the company was committed to supporting the community as well as making sure it was as environmentally-friendly as possible.
He said: “To show our commitment to the area, we have committed to support Blackburn Youth Zone by contributing £25,000 per annum to running costs in each of the next three years.
“During the year we donated land at £239,465 to a local mosque, a £5,000 donation to Blackburn Mayor’s charity, which was for East Lancashire Hospice and for Miles of Smiles and smaller donations to several other charities for £1,992.
“Constant efforts are being made to reduce the amount of waste generated by our activities through increased efficiencies and control measures.”
Comments are closed on this article.