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Skelmersdale's TrakRap will create 67 new jobs over the next five years after securing £1.27m through a Northern Powerhouse funding programme.
TrakRap can lower costs and carbon footprints of supermarkets, food manufacturers and high-volume goods manufacturers with its new packaging designs which require less plastic, cardboard and electricity usage.
The solution is proving popular in an age where the FMCG and supermarket industries are moving to more sustainable packaging and an overall more environmentally friendly outlook.
The new funding has been secured in conjunction with NPIF – Maven Equity Finance, which is managed by Maven and part of the Northern Powerhouse Investment Fund.
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