LoydGrossman_Day1_PM_23

Source: Premier Foods

Premier Foods has extended its licensing agreement with Loyd Grossman until 2034

Premier Foods is to invest £36m in its Worksop manufacturing site.

The investment will see Premier Foods bring production of its Loyd Grossman cooking sauces in-house from a third-party supplier in early 2028, while capital investment is expected to be phased through to 2029.

It will cover significant upgrades to production capacity – including the installation of a high-speed manufacturing line – and enhanced capabilities for innovation.

This will improve efficiency, more than doubling the group’s annual cooking sauce output.

Site storage facilities will be upgraded and expanded, and a new link road will be built to streamline the flow of logistics around the site.

“A key pillar of our growth strategy is investing in our supply chain to increase productivity and efficiency,” said Premier Foods CEO Alex Whitehouse.

“Representing our largest site investment in over 15 years, today’s announcement is a great example of this strategy in action.”

It comes as Premier Foods has extended its brand licensing agreement with Loyd Grossman until 2034, with the option to extend for a further five years.

“I am thrilled to be extending our long-standing partnership with Premier Foods, whose commitment to quality and innovation has been central to the success of the Loyd Grossman brand,” said Grossman.

“This renewed agreement reflects our shared ambition to keep innovating and to bring our sauces to even more customers across the UK.”

Premier Foods announced a £19m investment into its Lifton Creamery in Devon in September, set to ramp up production of Ambrosia custard and porridge pots.