A MOBILE telephone accessories manufacturer is looking to triple its workforce just two years after starting up.
Gusto wants to recruit more than 25 staff over the next six months – on top of the 12 it already employs at its Banbury headquarters.
The company has seen its annual turnover increase from £4.5m in 2012 to £6.5m this year and now bosses have set their sights on international growth, with two new bases set to be established in Ontario, Canada, and California, USA. Owner Jolyon Bennett said: “I have the ambition to make Gusto the largest seller of mobile phone accessories in the world and I am continuously looking for ways in which the company can grow.”
Gusto’s Juice-branded mobile charger launched the company into the UK mobile technology market in 2012, selling 2,000 units in its first week of sale.
The company, which only moved to Haslemere Way on the Tramway Industrial Estate on May 1, has expanded its product lines to include phone covers, portable chargers and speakers.
The plans have been been backed by a £200,000 overdraft from Lloyds Bank commercial banking.
The bank’s relationship director Peter Rogers said: “Jolyon took an idea and made it happen, and it is thanks to his business plan and Gusto’s products and packaging that the company has even more ambition for growth.”
- Our top stories:
7:00am Friday 31st October 2014
UNIVERSITY bosses have put forward plans to screen a student flats development by Port Meadow with trees but ruled out reducing its height.
6:30am Friday 31st October 2014
A HOMELESS man has been jailed for the “disgusting” crime of trying to spread tuberculosis (TB) by coughing over Oxford City Council workers.
9:00am Thursday 30th October 2014
ONE in three children are living in poverty in areas of the city, a charity has found.
10:12am Thursday 30th October 2014
A woman has been taken to hospital following a crash in Middleton Stoney.
9:30am Thursday 30th October 2014
LONDON Welsh scrum half Piri Weepu yesterday played down concerns about the ankle injury that has left his right foot in a protective boot.