Border Biscuits has confirmed that it plans to build a new warehouse, as part of its ongoing plans to expand the business and drive exports.
The company, which produces an average of 300,000 packets of biscuits each week, will construct the new 1,620 square metre warehouse at its site in Lanark.
The project, which is being funded by Clydesdale Bank will extend the site's floor space by over a third, will allow it to increase storage and improve facilities.
Border Biscuits was founded in 1984 and contained just four lines when it first opened. It now produces over 30 varieties, which are supplied to all of the country's major supermarkets, as well as the food service sector and wholesalers.
It currently employs 150 members of staff, and is on track to record a turnover of over £12 million for this year.
The last 12 months has also seen the firm win a whole host of awards, including Cake and Biscuit Company of the Year at the 2012 Food Manufacturing Excellence Awards.
Since the company introduced an automated production line two years ago, which helped to significantly increase volumes, it has had to store a section of its stock offsite.
This situation is set to be addressed by its warehouse expansion, which will also allow set it up for further expansion by enhancing exports.
Overseas markets currently account for less than a tenth of its sales, but the firm hopes to increase that number.
Caryl Hamilton, Financial Director of Border Biscuits, said: “After experiencing strong growth over the last few years, adding space to our Lanarkshire facility is crucial. The extra space also gives us the option to expand in the future, without having to worry about where we put any new kit."
Stuart McCallum, Head of Food and Drink for Clydesdale Bank in Scotland, said: “Since Border Biscuits was founded almost 30 years ago, it has grown to become one of Scotland’s best known premium food brands, with fans all over the world. We welcome the opportunity to help the firm to develop and expand.”