£250k boost for new whisky distillery in Caithness
The HIE funding will help meet the costs of plant and equipment and help lever in significant private sector investment to the project.
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Family-run Ashley Ann Ltd (AAL) designs and manufactures kitchens, bedrooms and bathrooms.
The firm has secured up to £400,000 from Highlands and Islands Enterprise (HIE). This will help fund building works and alterations and the installation of additional specialist manufacturing equipment.
Along with other investment by the company, this will enable it to increase capacity and output. As a result, turnover is expected to increase by almost £10m within five years with around 40 new jobs created at its factory in Wick over the same period.
HIE has worked with AAL throughout most of its history, providing advice and support on plans for growth.
Confirming this latest HIE investment, the organisation’s business growth account manager Hilary Budge, said:
“AAL has been a major employer in Caithness for nearly 30 years and has grown steadily over the years.
“This next stage in the firm’s growth will provide valuable security for existing employees as well as generating more valuable employment. It will increase the contribution the company makes to the local economy and strengthen community resilience in Wick.
“I am pleased we are able to support this venture and look forward to continuing to work with the company in its growth journey.”
AAL was formed in 1986 by Stephen and Ellen Bremner, initially operating from a small workshop in Thurso. In 2007 it moved to larger premises in Wick, previously occupied by Grampian Records. The firm then leased additional warehouse space in the nearby former Caithness Glass building, which it then bought in 2018, with HIE support.
Stephen Bremner, chairman of Ashley Ann Limited, said: “The long-term support from HIE has not only helped us on a financial level, but their expertise across a range of business disciplines has also helped give us the further confidence needed to forge ahead with our growth plans. We’re already the largest private employer in Caithness, so the additional increase in our workforce is a strong demonstration of our commitment to the region’s economy.”
Rural Economy Secretary Fergus Ewing said:
“I am pleased to see this significant investment in Ashley Ann Ltd’s Wick plant and the new employment opportunities it will create. Manufacturing offers high-quality, skilled jobs, particularly in rural areas, which is one of the reasons why we are committed to supporting its growth.
“Investment in projects like this is vital to encouraging more people to choose to live and work in communities such as Caithness.”
The HIE funding will help meet the costs of plant and equipment and help lever in significant private sector investment to the project.
As a result of HIE’s support, businesses in the area are set to see combined turnover rise by £22.4m, while international sales will grow by £661,000.
The new product has been developed by Dunoon-based former construction industry director Allister Wood
There was support for businesses and social enterprises to lower emissions and improve efficiencies within their operations.
As a result of HIE’s support, businesses in Moray are forecast to see combined turnover rise by more than £85m and international sales by almost £14m.
The project is expected to continue to attract innovative marine businesses, creating new well-paid job opportunities, particularly for young people, and encouraging entrepreneurship.
As a result of HIE support, businesses in the area will see total turnover rise by £14.5m and international sales by £1.9m.
Figures show HIE approved £1.5m investment across 18 Shetland projects in 2023-24
Figures compiled by HIE show that businesses and communities supported by the agency in 2023/24 are set to create or retain more than 1,200 jobs across the region.
Six talented young people working at HIE over the past two years have secured permanent positions, bringing fresh perspectives and valuable skills to HIE’s economic and community development efforts.
Beinn an Tuirc Distillery is investigating the development of two new canned ready to drink (RTD) cocktail recipes.
£250k helped leverage a further £3.6m in national investment