After seeing pre-tax profits rise 26% last year and turnover hit £37m, Veitchi Group is continuing to grow with a new head office on the banks of the Clyde.
The firm, founded in 1917, began moving into its new 20,000 sq ft headquarters at the Gateway Glasgow development in Cambuslang last weekend.
The move away from their four buildings in Rutherglen’s Bouverie Street, where they have been for the last 50 years, marks a return to Clydeside where the company first originated.
Veitchi Group’s managing director, Jim Preston, said: “We’re pleased to bring positive news to the area with jobs, employment and investment at a time when there is further uncertainty of jobs on the Clydeside.
“Our new headquarters are a prudent acquisition by the group allowing us to consolidate the head office and four Veitchi business divisions, whilst also giving us room for future expansion.”
Speaking on the firm’s latest results, Preston said profits are up due to ‘the group’s growing geographical orderbook and its burgeoning Metframe business.’