OUTPUT is set to rise drastically at Sweetdreams Ltd thanks to a £500,000 investment in the UK-based chocolatier business.
The six figure investment in a new 15,000 sq ft factory is expected to dramatically increase the Northumberland-based company’s output as well as creating new jobs in the region.
Sweetdreams’ factory move was made possible thanks to 32% growth over the past financial year, according to the firm, which claims this growth was achieved in part from extended discount sector penetration, new product development and international export business including the company’s first export to Ireland.
Sweetdreams’ new unit is 50% larger than its previous site which is expected to enable the firm to double its output at a minimum – initially producing 25 tonnes per week with capacity for more.
Matthew Stephenson, owner and managing director of Sweetdreams, commented on the factory move: “This is a really exciting time for Sweetdreams; we identified a gap in the market for a high-end chocolate coated product and so we have invested £200,000 in panning and coating technology.
“This new process will allow us to enhance existing product offerings, develop new products and reach out to brand new markets and customers.”
