A BELVEDERE factory is set for a £6.4 million investment.

Food and drink group Princes is using the cash to install a new bottling line at its olive oil production facility in Crabtree Manorway South, which employs 72 people.

The new high-speed line will boost capacity at the site as well as reducing waste.

It will also allow Princes to produce lightweight plastic bottles onsite which should cut road miles by 129,000 a year and reduce the amount of plastic used in olive oil packaging by 176 tonnes over 2013 to 2014.

Ken Critchley, managing director of Princes, said: "The new line forms part of an ongoing programme of investment to ensure all of our manufacturing sites remain leading facilities.

"As well as further driving efficiency, the move has created the capacity to ensure we can meet future growth trends and deliver significant environmental benefits."