West Midland mechanical and electrical specialist EIC is investing £2 million in a new headquarters building at Alcester - eight miles from its current base at Stratford-upon-Avon - after predicting record results for the year.
The family-run company yesterday said it had reached its half year with 87 per cent of its £72 million turnover target already in the bag.
Financial director Graham Lyall said: "EIC is a company with a long history and pedigree and we understand that we have to invest in the future in order to drive the company forward. We have always been strong in the retail sector, but have deliberately diversified our service offering over recent years so that we could enter new markets, such as education, health and leisure.
"2005 was all about these new market sectors and establishing a reputation that we could build on. As a consequence, while we reported a dip in pretax profits, our turnover was up by two per cent. This year is already showing signs of strong growth, with turnover up by between 15 per cent and 30 per cent in all sectors.
"Our patience has paid off, with the education sector proving particularly buoyant.
"As a consequence - and to demonstrate our confidence in continued growth - we have just acquired a 2.5 acre site in Alcester for our new integrated headquarters."
EIC has been in its present head office building in Stratford since the 1970s, purchasing an additional operational site in nearby Wilmcote to accommodate its growing test & maintenance business back in the early 1990s.
The move to Alcester will provide an opportunity for both teams to be combined in a single integrated operation.