The latest vape industry news
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Great news for investment in local economy
ACME Vape LTD plans to invest £5 million to create 150 new jobs in Preston
ACME VAPE ANNOUNCES MAJOR NEW INVESTMENT IN ITS PRESTON BASED HQ ACME VAPE LTD, FOUNDED IN THE UK IN 2016, WILL INVEST £5 MILLION THROUGH 2020 & 2021 TO SUPPORT ITS LONG TERM GROWTH PLANS AND HELP CREATE 150 NEW JOBS IN PRESTON
The company, which is currently based in Preston, with offices in New York & Dubai, is a leading manufacturer of e-liquids & vape products. Its market leading vape brand, IVG, is loved by millions of consumers around the world. This new investment will fund the development of a brand new 80,000 ft² headquarters based in Fulwood, Preston to allow the company to expand its UK & global business further. The plans, drawn up by local architects, show that the building will accommodate over 300 employees, creating over 150 new jobs for Preston when fully open.
The development comes complete with multiple upgraded, automated production facilities, high quality meeting and networking areas, state of the art training facilities with conferencing features and a range of sales and marketing offices.
The HQ will foster innovation & creativity as well as increased production efficiency and capacity by combining all areas of the company inside one building. CEO Ahsan Bawa said, “We aim to take our brands and the vaping industry to the next level, this is why we are investing in our staff, manufacturing, technology & logistics, creating over 150 new jobs in the process and paving the way for our future. We continue to see growing demand as consumers switch from smoking to vaping and we are gearing up to provide high quality brands for consumers as well as education and expertise to our trade partners. Our flagship brand – IVG – has been a fantastic success and continues to grow strongly both in the UK and in international markets.”
More brands by ACME Vape Ltd
- Drip Down, launched in 2019 has already seen success within the UK as well as other European countries such as Germany.
- For those looking more value for their money, look no further than team 120, which is available in a towering 120ml bottle.
- Top Vape is the newest addition to the ACME portfolio and is a low-cost e-liquid with no compromise on quality or flavour.
IVG Premium E-Liquids, a global success
IVG has become a brand trusted and loved by millions of people worldwide and has seen exponential growth, and now, with over 30 international awards including Best UK Brand 2019 award, over 10,000 different SKUs in the laboratory and an extensive ﬂavour development process, whatever vaping customers taste, IVG has the perfect ﬂavour.
Get in touch with IVG & ACME today to ﬁnd out more.
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The data you need to know
150 new jobs
Created by new constructions
Production and manufacture space
Pledged by CEO Ahsan Bawa