Birmingham laser cutting specialist R & S Laser Cutting and Fabrication is to switch to larger premises after outgrowing its existing base.
The £1.5 million relocation to the Hockley Industrial estate - just minutes from its existing base - is an important step forward for the business and at 30,500 sq ft, will double the amount of factory and office space.
R & S, which has more than doubled its workforce to 30 employees over the last three years, is expecting the move to lead to an increase in turnover.
The extra capacity will enable the firm to build its market share in the automotive, agricultural, defence, security and catering equipment sectors.
Annual sales at the firm touched £2.2 million in the latest financial year and it is hoped this will rise to £2.5 million.
The firm's automotive business spans from supplying body panels and brackets as a second tier supplier into Aston Martin, Bentley and Land Rover to working as a first tier supplier with Nanjing.
Other areas for growth include the development of the firm's own security device range, which is being led by its 'Full Metal Jacket' product for locking the pedals in cars and vans.
R & S, which has been supported by Birmingham Chamber of Commerce and Industry's Accelerate programme, has maintained growth through a strategy of continued commitment to innovation and investment.
Rob Frain, who heads the management team with Stuart Hutchins, said: "We had outgrown our previous site so really had to make an important decision whether to stay at the size we are now, or actually provide ourselves with the necessary home that will allow us to grow in the future."
Customers are now benefiting from a state-of-the-art powder coating plant, the latest CAD CAM facilities and a new Amada laser punch combination machine, which is faster, more accurate and, being automated, allows the firm to maintain a 24-hour operation.
Accelerate has worked with R&S Laser for over five years, providing strategic and financial assistance towards helping it retain automotive business and also to diversify into new industries.
The latest support has seen it provide £28,000 worth of business development grants to help with the installation of new machinery plus the implementation of the new plant layout.
Accelerate advisor Norman Taylor said: "When we first started working with them they realised that a lot of their current customer base was at threat and decided to innovate their processes, invest in the latest machinery and look at ways where they could work much earlier and closer with their client."
Mr Hutchins said the help had allowed R & S to maximise its potential.
"I can certainly see us getting to £2.5 million by the end of 2008 and hopefully up to 100 per cent factory capacity by this time next year," he said.
Accelerate, which is funded by the European Regional Development Fund, assisted more than 1,500 companies last year in implementing lean manufacturing, boosting sales, launching new products and improving quality, cost and performance. It also gives component manufacturers from across the West Midlands access to the latest technologies, including alternative fuels and telematics.