Due for completion in October the new site will allow the family-owned, Falkirk headquartered business to diversify its specialist product range, triple its manufacturing capacity and increase its team of 80 specialist technicians and microbiologists by 20% over the next year.
The boost in workforce will allow E&O to target export opportunities in the European and Asian marketplaces.
The new production facility will be twice the size of the firm’s previous facility and will include two new state of the art clean rooms, which provides the sterile environment required for the manufacturing of culture media.
E&O Laboratories has been providing its products to the clinical, pharmaceutical, food, water and environmental sectors since 1989, allowing these industries to carry out essential clinical diagnostics and microbiological testing.
Virginia Lucey, managing director at E&O laboratories said: ‘This project is going to take our business to the next level. After an extensive research and development programme we devised a strategy to grow our presence on the world stage. The upgrades made to our Cumbernauld facility and the additional expertise we are adding to the team over the next year are going to make that plan a reality.”
The multi-million-pound venture has been jointly funded with £1million provided by the Bank of Scotland and a RSA grant from Scottish Enterprise.
Alastair Swan, relationship director at Bank of Scotland, added: ‘It’s an exciting time for any business when they decide to explore new and exciting markets. We’ve tailored funding to suit E&O’s individual growth strategy, allowing Virginia and the team the opportunity to invest in the essential equipment required to realize their export ambitions.”
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