Stoats has opened a new factory in the south of Edinburgh as part of a major expansion plan.
The move allows the company to increase production of its Stoats porridge oat bars. It currently makes over nine million bars per year and this figure continues to rise.
The 22,000sq ft facility at Bilston Glen Industrial Estate in Loanhead will become the new headquarters for 40 staff, initially across bakery, sales, marketing and operations.
A New Product Development kitchen is being installed on site and is due to open in spring 2018. As well as developing new recipes, the NPD Kitchen will allow Stoats to host schools and educational groups, with a focus on healthy eating.
“We’re really thrilled to be opening our own factory, where we can invest more in developing new products in both existing and new categories, as well as own label products,” said Tony Stone, Managing Director at Stoats.
“The new factory gives us the opportunity to realise our ambitious plans, including increasing distribution across the UK and internationally. We can be more agile in our approach and we’re better placed to meet the demands of retailers and consumers.”
Midlothian Council’s cabinet member for economic development, Councillor Russell Imrie, welcomed the move. “We are delighted that Stoats have decided to relocate at Loanhead, allowing them to expand their operations, invest in new products and secure local jobs. Stoats are a successful company who are committed to their workforce, with a reputation for quality products and with plans to grow their market share. They are a welcome and prestigious addition to Midlothian’s business sector.”
Funding for the new factory was supported by Midlothian Regional Selective Assistance and HSBC Bank.