EVM will double its turnover by March 2027
Glasgow-based manufacturer EVM looks set to more than double its £3 million turnover to £6 million by March 2027 as part of a £1.5 million expansion.
EVM, which manufactures and installs signage, branded graphics and interior fitout componentry, has acquired the premises next door to its existing headquarters, increasing its overall capacity by 40%, providing a total of 30,000sq ft space for production, logistics, stock storage, and its growing workforce.
The investment will see the workforce grow from 36 to 47, with EVM recruiting experienced joiners and carpenters, digital printing and finishing professionals, and installation technicians.
The additional premises will undergo a new roof and interior fit-out, allowing the business to expand while remaining at its long-standing Glasgow base.
The move is being supported by a £300,000 commercial mortgage from Bank of Scotland. EVM has worked with the bank for more than 15 years, with the funding enabling the business to move quickly to secure the neighbouring property.
Paul Fennon, managing director of EVM, said: “We started out as a signage business in Glasgow more than 30 years ago, and have evolved into one of the most respected specialised fit out and visual communications provider in the UK. Our range of in-house capabilities has enabled us to scale our business significantly in recent years with continuous investment in our people, skills, and advanced manufacturing equipment all accelerating our growth.”
“Having reached the limits of our existing space we started to consider moving to larger premises and having the building next door come onto the market was a rare opportunity to continue our growth without uprooting the business and team we’ve built here”
“Our people drive our success, and as a business that’s been in my family for two generations, we always try to recruit for the long-term. Many of our colleagues have been with us for over a decade, and over the last few years we’ve recruited several of their family members to join our team as apprentices or new-starts. Having more space means we can continue to grow by bringing more skilled people into the business, creating exciting career opportunities, and ensuring our customers continue to enjoy the same service that keeps them coming back to us”
EVM’s work has featured at major events including COP26 and the World Cycling Championships.
