Pet food firm creates 50 jobs after receiving funding for expansion work

A PET food company near Daventry is to create 50 jobs after securing £4m of funding.

Butcher’s Pet Care said the investment, from Lloyds Bank Corporate Markets, would allow it to complete construction of a new factory at its site in Crick.

The latest round of funding will be used to invest in an additional production line within the new facility and follows the £17.5m of backing provided in June 2010 to support the development of the new site.

Francis Powell, financial director at the firm, said: “The new factory is a crucial step towards further growth for the company both in the domestic and international markets.

“Once operational, the current phase of development within our new factory will enable us to dramatically increase the production and reach of our many successful brands.”