FCS marks anniversary by expanding premises
IT AND print business FCS Laser Mail has extended its premises and invested in new machinery following a successful year.
The Erdington-based firm, currently celebrating its 20th anniversary, specialises in multichannel communications such as print services, data management and e-billing.
Following a ten per cent turnover increase in the past 12 months, FCS has expanded its Wood Lane premises by 10,000 sq ft to 42,000 sq ft and will install four new printing, sorting and data management machines.
The £1 million investment was funded with the support of a commercial loan and hire purchase facility from Lloyds Bank Commercial Banking.
FCS Laser Mail has an annual turnover of £8 million, which it said would increase by ten per cent a year over the next three years, and it has added 15 new jobs over the past 12 months, bringing the current head count to 100.
The business also acquired Nottingham-based Perspektiv in 2012 and is now looking for a new office and warehouse facility there.
Managing director Mick Fay said: “We’ve increased our turnover substantially in the past 12 months, which makes now the ideal time to pursue our expansion plans, enabling us to achieve scale and further consolidate our presence in the market. We’re also looking forward to mirroring this growth at our Nottingham site.”
Paul Warrington, relationship director at Lloyds Bank Commercial Banking, said: “We have worked with FCS Laser Mail for more than a dec- ade and during that time have seen the business grow from strength to strength.
“Its latest investment will ensure it has the capacity to continue growing and winning new clients, and we now look forward to the next phase of its expansion plans both here and in the East Midlands. We are dedicated to helping companies capitalise on expansion opportunities, and have increased our lending to small and medium-sized businesses by 26 per cent since 2011, while the market has contracted by 13 per cent.”