Houghton Hams beefs up with funding package
Food supplier Houghton Hams, based in Northampton, has expanded after securing a funding package from NatWest and asset finance provider Lombard.
The family business has grown its Moulton Park premises and invested in new machinery after being granted an undisclosed loan.
Houghton Hams supplies British pork from regional farms to food companies and retailers.
NatWest utilised funding through the European Investment Bank to provide a discounted loan for the expansion, while Lombard has provided new machinery under lease agreements.
Nigel Wagstaff, director of Houghton Hams, said: "We have a very clear proposition that more and more customers like – the supply of the best possible pork products at reasonable costs. The increasing demand for our products mean we need to again expand our premises.
"This will be the fourth time we have expanded here at Moulton Park. We like the location, it works well for us and is handily placed for us to easily supply our customers across the entire country. The new machinery we have invested in helps us to increase our production capacity and improves our production turnaround times as well, making us even more efficient."
