The company, which manufactures premium labels for the food and beverage industry, intends to nearly double its factory space in Cumbernauld, Scotland, creating 90 new full-time jobs and protecting 12 existing positions.

Eurostampa’s decision aligns with Scotland’s recent success in attracting inward investment. Scottish Development International (SDI) data indicates over 8,500 planned living wage jobs were created through inward investment in FY22/23, a record since FY18/19. Such growth, orchestrated by various Scottish economic agencies and government support, underscores Scotland’s appealing position in the global economy.

Eurostampa’s larger, cutting-edge facility will augment production capacity to meet increasing demand and significantly lower its carbon footprint.

Steven Thompson, chairman of Eurostampa UK,  said: “Eurostampa is making the single biggest investment in the company’s history here in Scotland and this underlines our commitment as a strategic supplier to the Scotch whisky industry.

“As a family business, investment is core to our strategy and we are delighted with the grant from Scottish Enterprise but also with the support that they have given throughout the project.

“As well as providing us with the capacity to meet our increasing customer demand our new facility in North Lanarkshire will provide us with the opportunity increase efficiency through an optimised manufacturing process that will put us well on track to achieving our sustainability targets.”