A FAMILY-run Scottish fisheries business is undergoing significant expansion after securing funding to the tune of £3.2 million from RBS.
Johnson Marine offers on-site salmon harvesting and net washing services and operates off Shetland, Orkney, Isle of Skye and the West coast of Scotland.
Based in Vidlin in Shetland, the company is currently responsible for 22 per cent of all farmed salmon harvested in Scotland.
Having been established in 2002 by brothers Angus and Ivor Johnson, who have a long standing relationship with fish farming, its employee numbers have doubled to nearly 50 in the past two years and turnover has tripled to nearly £5 million.
With customer demand meaning no spare capacity, Johnson Marine secured a business loan from RBS, with which the company has a long-standing relationship.
The funding has enabled Johnson Marine to acquire three additional boats on top of the four which it already owns, as well as purchasing harvesting equipment.
It is now looking to grow further over the course of the next 12 months and cement its place as the leading Scottish service provider to the aquaculture industry.
David Leask, technical manager at Johnson Marine, explained: ‘We would like to continue our success into 2015 so that by the end of next year we are harvesting a greater percentage of salmon and cleaning more salmon nets.
‘We’re also focussed on research and development and developing systems to improve costs, welfare and the quality of the end product.
‘The funding from RBS will go a long way towards helping us achieve our aims and meet customer demand. RBS has always been there to help and to look at various projects.’
Neil Murray, a senior relationship manager at RBS who worked with Johnson Marine in providing the funding, said: ‘Johnson Marine has enjoyed significant growth, bringing jobs to the local area and significantly increasing business.
‘I have been delighted to work with them and look forward to helping them continue that success into the future.’