The Scottish firm’s turnover currently stands at £15m per year, but chairman Rod Lawson wants to see this increase to £18m over the next 12 months.

“As an ambitious company we are always looking to grow our market share and provide the best in modern methods of construction for our clients,” said Mr Lawson.

“We invest significantly in research and development, building in value and effectiveness in both our products and processes.”

Oregon Contract Management, the site services arm of the timber frame engineering firm, saw its turnover increase by £900,000 to £4.4m in 2006.

In addition, Oregon has said that, along with a 20% growth in turnover, it plans to construct a new factory at its Selkirk site and achieve ISO 9001 registration during 2007.