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UK supplier Five Star Fish invests £5 million into processing plant

Company has to bolster its facilities after winning large contract from M&S.

Five Star Fish’s processing plant in Grimsby is getting a £5 million (€6 million/$6.4 million) cash injection from its parent company 2 Sisters Food Group, after winning a large contract for retailer Marks and Spencer from Icelandic Seachill last year, report The Grimsby Telegraph.

The processor, which posted a loss of £4.2 million (€5 million/$5.4 million) in the full year of 2016, has taken on a further 150 staff at its Athenian Way site off Pyewipe, since it won the contract, bringing its total workforce to 500.

Now, 2 Sisters Food Group, which purchased the Grimsby business in 2010, has announced a £5 million (€6 million/$6.4 million) investment for the processor.

"The investment at Five Star will provide the platform for sustained growth, and position the site so it can deliver the future needs of our customers,” said Simon Wookey, managing director of Meal Solutions.

"Our priority is to continue to work in partnership with customers to ensure that we are well placed to deliver on quality, service and price."

According to Wookey, the upgrade to the factory will introduce new technology, an extra line and the widening of a second.

Mark Dalby, acting site lead at Five Star, added: "It's been all hands on deck at Five Star Fish after we won the new business."

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