Scottsdale outsourcing firm says it will expand to Perth
Scottsfield-based seo outsourcing firm Scottson Soho says it has expanded its Perth office to Perth, as the Perth-based company looks to expand its operations in Asia.
Scottson says it is investing $5.5 million in Perth as it seeks to expand operations in the city, which will also become the company’s third location.
The company is looking to expand to Melbourne and Sydney.
Scottsons founder and chief executive Chris Henson said the company had not yet decided whether to relocate its Perth operations.
“It’s a strategic decision and we’re looking at Perth, it’s a market we’re passionate about and we know what it’s like, and we think Perth is the place for us to be,” he said.
“We have some great opportunities here, but it’s something we’ll be looking at over time.”
What we want to do is scale up, but we want people to know we have an office here in Perth, that’s something you’d never have heard of.
“He said the Perth office would open next year and would be able to offer “the widest range of services” from design to supply chain, but said that would not be a permanent arrangement.”
Scottsonal will be moving into Perth as a Perth-led company,” he added.”
There are a number of opportunities in Perth for us.
“Mr Henson was in Perth to announce Scottsons expansion plans at the company headquarters on Monday morning.
He said it was the first time Scottsonal had moved its Perth headquarters from the north to the south of the city.”
You can expect a lot more people to come here over the next three or four years,” he told ABC Perth.”
The Perth office will provide our customers with the best service possible.
“A lot of people are talking about Perth as an international city, but Perth is also an Australian city.
We’ll be doing a lot of international work.”
Scottsonic has a global network of services across many industries, including manufacturing, telecommunications, financial services and warehousing.
A spokesperson for the company said it would not comment on rumours or speculation.
“I have no comment at the moment on rumours that may or may not be true,” the spokesperson said.
The company said its Perth-centric expansion would be the first to be announced in Perth and would include: expanding its Perth offices from the existing offices to a new, larger facility, creating an employee-centric, fully-digital workforce and adding more staff.
“Over the next few months we’ll look at what we’re doing here, we’ll work through the details with our partners, and then we’ll move on to the next step,” the spokeswoman said.
Scottingons latest expansion has been announced amid growing concerns about the Australian economy, with the unemployment rate at its highest since the global financial crisis in December.
Scotton Soho, which employs over 300 people, has had its business model questioned after several months of declining returns.
In December, the company posted a loss of $2.5m, although it has since said that loss was caused by a “pending restructuring” of the business.
Its shares fell by about 3 per cent on Monday after the company revealed it had received $5 million from the Commonwealth Bank of Australia to fund a capital campaign.
Its stock price has fallen by more than 40 per cent since the start of 2017.
The Perth-headquartered company has struggled in recent years, having announced its closure in March.
In a letter to its employees, the firm said it had been “devastated by the loss of confidence we experienced from our clients” after a “significant decline in client engagement and growth”.
The bank has agreed to repay a $250,000 loan, and Scottsonic is also facing a recall investigation from the Financial Services Commission (FSC).
Scottons latest funding announcement comes after the Commonwealth had to withdraw funding for Scottsonian last year amid concerns over its accounting.
In November, the Commonwealth withdrew funding from Scottsonia, saying it had “significant concerns” about the company.
However, the bank later told Fairfax Media it would return its funding if the company provided evidence of a “positive turnaround plan”.
“The Commonwealth remains confident in Scottsony’s ability to successfully recover from this adverse assessment and continue to deliver on its core financial and strategic performance,” it said in a statement.
“In the case of this matter, the financial institutions and financial service providers who provided Commonwealth funding have provided a clear plan of action for the Commonwealth to assist in restoring the company and its businesses.”
If the Commonwealth is satisfied with the company as a whole and its financial performance, the funds will be returned.
“Scotton is the third Australian outsourcing company to announce a Perth expansion in the past year.
In November 2016, IT giant