AG Barr is to invest £4m in the expansion of its soft drinks production plant and warehouse in Milton Keynes, with the creation of 27 jobs, but 67 jobs will be lost at its carton-filling factory Tredegar, Wales.
The Irn-Bru maker told investors it is proposing to introduce a high-speed carton production facility at Milton Keynes.
The investment is designed to meet current demand for the packaging format, largely centred on its Rubicon and KA juice brands, more efficiently, while building in capacity to accommodate growth.
AG Barr reported that total revenue was up 5.2% for the period ended May 11, compared with the same spell last year.r.