Six-figure investment cooks up new jobs for Yorkshire smokehouse
A Yorkshire smokehouse has announced that it is creating new jobs after securing a six-figure investment.
Mackenzies Smoked Products has secured a six-figure investment from NPIF – FW Capital Debt Finance, managed by FW Capital and part of the Northern Powerhouse Investment Fund (NPIF).
The investment will be used to develop Mackenzies’ manufacturing capability, to purchase equipment and additional stock and to invest in product development to expand its range.
It has also created seven positions and safeguarded a further 16 jobs.
The company comprises a smokehouse manufacturing facility, a restaurant, a farm shop and butcher’s counter, and earned a turnover last year of £1,725,534.
Anne Blanden, investment executive at FW Capital completed the funding together with investment executive Sam Streckert.
Sam Streckert commented: “Mackenzies is a well-established business with a great reputation and strong customer base. Since acquiring the business last year, Paul has worked hard to expand the range of quality goods on offer, as well as collaborating with other local producers.
“Paul has significant sector experience and the business is well positioned to expand its offering. We are delighted to have provided NPIF funding to help with these future growth plans and to have worked with Garbutt + Elliott to make this happen.”
Paul Palmer, Mackenzies’ managing director, said: “The team at FW Capital were extremely supportive and were able to expertly help us through the funding process. We’re very grateful for their support.
“This funding has allowed us to safeguard and create jobs and to expand the business in line with our ambitious growth plans.”
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