A Glasgow family-owned manufacturer whose work has appeared at COP26 and the UCI World Cycling Championships expects to more than double annual revenues from £3 million to over £6 million by March 2027, following a £1.5 million expansion.
EVM, which produces and installs signage, branded graphics and interior fit-out components, says rapid growth since 2023 underpins the target.
Located in Thornliebank Industrial Estate, the company has bought the unit next to its headquarters, boosting capacity by 40% and taking its total footprint to 30,000 sq ft for production, logistics, stockholding and its expanding team.
Serving clients across construction, financial services and events throughout the UK, EVM's Scottish portfolio includes branding and signage for the 2014 Commonwealth Games and the World Gymnastics Championships, as well as marketing suites for the Athletes' Village in Glasgow's East End. During the pandemic, it supported the NHS by making PPE and helping prepare Glasgow's temporary NHS Louisa Jordan hospital.
Recent work spans large head-office fit-outs for Edrington and Cala Homes, alongside branding and wayfinding for the World Gymnastics Championships, COP26 and the UCI World Cycling Championships, plus numerous exhibitions and conferences at Glasgow's SEC Campus.
Headcount will rise from 36 to 47, with recruitment under way for experienced joiners and carpenters, digital print and finishing specialists, and installation technicians.
The newly acquired premises will receive a new roof and an interior fit-out, enabling the firm to scale while staying at its long-standing Glasgow base.
The move is backed by a £300,000 commercial mortgage from Bank of Scotland. EVM has banked with the lender for more than 15 years, and the funding allowed it to act 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 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."
David Drylie, relationship manager at Bank of Scotland, said: "EVM has built an impressive family business over more than three decades, continuing to invest in its people and capabilities as it has grown.
"This latest investment gives Paul and the team the space to build on that momentum, create new skilled jobs and continue growing from their Glasgow base. We're pleased to support them with the next stage of that journey."
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