Convenience foods, food ingredients and agrifoods business Greencore tops the rankings of Chesterfield’s most profitable manufacturers this year.
The Barlborough Links-based business was set up 22 years ago when the Irish Government floated the state-owned Irish Sugar Corporation.
Greencore operates businesses that supply chilled, frozen and ambient foods to major retailers, food manufacturers and food service customers in the UK, Ireland, Continental Europe, the US and beyond.
Each year it makes 430 million sandwiches, 150 million ready meals, 200 million bottles of cooking sauces and pickles, 42 million quiches, three million Christmas cakes and 530 million Yorkshire puddings.
Customers include ASDA, Waitrose, SPAR, Tesco, Costco, WH Smith and Heinz.
Second placed is Wingerworth-based solid fuel specialist CPL Industries which was founded in 1973 to bring together British Coal’s non-mining operations and was sold to its management team in 1995.
CPL is Europe’s largest manufacturer of smokeless fuel products and supplies a comprehensive range of coal and smokeless fuels to households, commercial outlets and industrial customers.
Earlier this year, Lloyds Bank backed a partial buy-out of CPL from previous majority shareholder RBS and two former members of the management team.
Private equity shareholder Vision Capital has taken a majority stake, with members of the senior management team holding the remaining shares.
Third-placed Xtratherm is the UK manufacturing arm of the Irish group Leanort, which acquired its £12 million factory and ofﬁces in Holmewood, Chesterﬁeld, just over three years ago, with the backing of Santander’s corporate banking team in Shefﬁeld.
The company supplies a range of insulation product and develops materials used in low and zero carbon buildings. Its Chesterfield plant is Xtratherm’s main manufacturing and distribution centre in the UK and also supplies insulation to continental Europe.
Newcomers include Minova Weldgrip, Capital Refractories and Mayfly Containers.
Minova Weldgrip also has operations in Barnsley and manufactures and supplies machinery, tools and equipment for ground stabilisation.
Capital Refractories supplies refractory linings and associated products to metal melting, foundry and cement industries around the world.
Meanwhile, Mayfly Containers is a leading manufacturer of containers for the off-shore oil and gas industry. The company started out 30 years ago with just three employees and has grown to employ 100. Last year, following a switch of bankers to HSBC, the company started work on a 40,000 sq ft development alongside its existing plant designed to increase its manufacturing capacity by over 60 per cent and create around 40 new jobs.
Inspirepac is an independent packaging group which has a range of blue chip customers.