05
Thu, Jun
584 New Articles

UK craft bakery Geary’s opens new plant in Leicester

UK craft bakery Geary’s opens new plant in Leicester

Finance News
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times
UK craft bakery Geary’s opens new plant in Leicester
Jason Geary is the fourth generation master baker of Geary’s Bakery. Credit: Geary’s Bakery.

Geary’s Bakery has opened a new plant in the UK city of Leicester to address “growing demand” for its sourdough products.

The £36m ($48.4m) facility, the company’s third, will double production capacity and create 380 new jobs.

The new bakery will operate in two phases, with the first phase already operational and the second set for launch in September.

In a statement, the family-run business behind Jason’s Sourdough said the expansion aligns with its “ongoing growth strategy” to scale up its branded and own-label bakery operations commercially.

Fourth generation master baker at Geary’s Bakery and Jason’s Sourdough, Jason Geary, said: “This [facility] allows our business to move to the next chapter of our growth.

“The demand for Jason’s Sourdough and real artisanal bread continues to grow, and we are constantly inspired by how much people love our bread. This new site enables us to get our products into more stores and in more homes – while staying true to the quality and craft that set us apart.”

GlobalData Strategic Intelligence

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Geary’s flagship brand, Jason’s Sourdough, is available in 4,000 stores across the UK.

The business said the brand has seen its sales more than double in value terms over the past 12 months and accounts for approximately half of the group’s turnover.

In addition to the site expansion, Geary’s is investing in its workforce, with 13 apprentices enrolled in bakery, engineering and operations programmes, and eight new lead bakers being recruited.

The company says it is the “fourth largest bread brand” in the UK and the “category leader” for sourdough.

With the new facility, the business’s total headcount will reach 950 by year-end, nearly “quadrupling” the workforce in four years.

In November 2019, Geary’s sold a majority stake in the business to food industry veterans the Unsworth family.

The company, based in Leicester in the English Midlands, is a supplier to major retailers including Aldi and M&S.

Email newsletter icon

Sign up for our daily news round-up!

Give your business an edge with our leading industry insights.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now

Content Original Link:

Original Source FINANCE YAHOO

" target="_blank">

Original Source FINANCE YAHOO

Top Stories

Grid List

Enterprise Products says US set to deny export of three ethane cargoes to China

Finance News

Enterprise Products says US set to deny export of three ethane cargoes to China

Yum! Brands Tipped For 16% Upside As Analyst Points To Strong Unit Growth, AI Investment

Finance News

Yum! Brands Tipped For 16% Upside As Analyst Points To Strong Unit Growth, AI Investment

Brazil's Pix set for next leap with launch of recurring payments

Finance News

Brazil's Pix set for next leap with launch of recurring payments

JPMorgan to Accept Bitcoin ETFs as Loan Collateral

Crypto News

JPMorgan to Accept Bitcoin ETFs as Loan Collateral

No, China Did Not Just Ban Bitcoin Again

Crypto News

No, China Did Not Just Ban Bitcoin Again

Bitcoin Dips But XRP and Dogecoin Fall Further Amid Tariff, Economic Uncertainty

Crypto News

Bitcoin Dips But XRP and Dogecoin Fall Further Amid Tariff, Economic Uncertainty