Displayways invests after a 40% increase in sales
Displayways has invested £500,000 in new kit and is extending its administrative space at its two sites in South London. The move follows strong sales growth, an expansion of the company’s managerial team over the last few months, and the creation of a new business operation - Displayways Visual Communications Ltd.
Work is underway on a new office level above Displayways’ current site, and preparatory work has begun in the production suite to make way for a new Arizona flatbed printer and an additional Zund cutter - both of which will be delivered in August. Additionally the company has already invested in 2 new Mimaki JV 1600’s and extended the studio space.
“We have been steadily investing in the company over the last four years and seen it grow from 11 people to 36,” said MD Rob Kelly. “Not all the investment has been in equipment – we see the value of investing in people too and have brought in some key senior people over the last year.” These include former Service Graphics sales director Nick Bishop who is heading up new operation Displayways Visual Communications Ltd.
“Displayways itself focuses on top end, very difficult to produce exhibition, interior and museum graphics work where a consultancy and project management approach is required. DVC is a channel through which we can sell a broader range of large-format products to a wider market,” explained Kelly.
DVC currently uses Displayways’ production capability as well as external resources, the expectation being that it will look to have its own production facility as it scales up. The operation, which was officially formed 10 months ago, is expected to turnover around £1m this year.
Other key appointments at Displayways this year have included Client Services Director Paula Paterson, Account Director Martin Hort, and Finishing Manager Martin Barnard.