July 4, 2018
Glencairn Crystal have taken their sales through the £10million barrier for the first time.
A family-run crystal company from East Kilbride looks set to create new jobs after achieving record growth in global sales.
Glencairn Crystal, which supplies glassware for high-end spirits, grew revenues by 20 per cent year-on-year after capitalising on the US craft distilling boom.
This saw the Kelvin-based firm take sales through the £10 million barrier for the first time and record their largest percentage annual increase in revenue since the business was founded in 1981.
On the back of their success Glencairn have revealed plans to increase employee numbers in the coming weeks.
They have already boosted jobs at their East Kilbride workshop to 60 full-time from 52 in the last year.
Managing director Paul Davidson said: “Our staff have been fantastic.
“We pride ourselves on hiring the right people and on bringing on new, young recruits that can learn the business.”
Owned by the Davidson family, Glencairn grew profits in line with sales, leaving the firm in a strong position to invest in growth.
The company continued to benefit from the boom in demand for whisky, which has helped the firm to more than double annual sales over the past six years.
And the extraordinary growth overseas is thanks to a sizeable increase in the luxury decanter and glassware part of the business (40 per cent year-on-year) as well as increased interest in Glencairn Glass (29 per cent).
Scott Davidson, new product development director, put their success down to prospering overseas in the last year.
The United States is the company’s largest growing market globally and now contributes to nearly a third of the overall export business, with sales doubling in value growth over the previous 12 months.
Exports accounted for more than 50 per cent of sales for the first time.
Mr Davidson said: “Our premium decanter and bottle business places us a world leader in this market.
“Coupled with our strong relationships with distilleries and businesses in the USA, Europe and the Far East, we have exceeded all of our business expectations.”
Written by: Andrea O’Neill
Daily Record -23rd June 2018