The firm is based in Hengoed to the north of Cardiff, and makes a range of speciality products including baking cases, muffin wraps and cases for fresh cream cakes.

Its subsidiary The Gourmet Food Wrap Company sells bespoke and pre-printed off-the-shelf natural greaseproof papers.

The £300,000 in funding comes from the Welsh Government’s Economy Futures Fund, which is aimed at helping businesses create better jobs in Welsh communities.

The Chevler funding is split 50:50 between a repayable grant and a non-repayable grant.

The firm will use the money to replace an old asbestos roof on its factory. This should help Chevler significantly reduce heating costs and carbon emissions, and will also improve working conditions for employees.

Chevler managing director Stuart Whelan described the support as “vital” as the company recovers from losses caused by the impact of the Covid-19 pandemic on its trading.

“This vital support from the Welsh Government helps us build a platform from which we can secure and continue the expansion of our Hengoed manufacturing operations, enabling us to increase our highly skilled workforce. It also gives a new lease of life to the premises by insulating them to current regulations,” he said.

“This will dramatically help us increase our energy efficiency and reduce our carbon emissions. Now that this issue has been resolved we can confidently invest in our people and processes to drive growth.”

Chevler employs 55 and expects to create 10 additional jobs thanks to the funding.

The Welsh Government stated that its ‘economic contract’ aimed to provide businesses with public investment that prioritises the social and environmental needs of Wales while at the same time building a prosperous, greener and fairer economy.

Economy minister Vaughan Gething said: “I am pleased to support Chevler with this funding which will enable the company to safeguard jobs and look ahead to the future.”

The 2009 management buy-out at the business was backed by the Development Bank of Wales.