CA Models, which has been involved in the supply of components for the NHS during the Covid crisis, said it was pumping the cash into new technology, people and training.
Operations director Gregory Campbell said: “If Covid has taught us anything, it’s that we must all adapt to survive. This investment ensures we can help our customers adapt to future challenges faster than ever.
“Together, the world has overcome global shortages in respirators and PPE, something we were proud to play our small part in for NHS Scotland.
“Covid has made us realise that challenges can come out of nowhere in an instant, and we need to work with the mindset that solutions should be accessible just as quickly.
“This approach underpins our recent investment and ensures we have the technology, team and training to provide our clients with solutions to any product design challenge faster and more efficiently than ever before.”
As well as training workers in new technologies, the firm has recruited four additional staff.
Campbell added: “Opening our doors more than 38 years ago, we already have one of the deepest pools of experience in the industry, but there’s no future without new people. Taking on new graduates and apprentices is important to us, especially after last year.
“It not only creates jobs locally and nationally but enables us to develop experts from day one. As a market leader with aerospace, Formula 1 and defence contracts to name a few, it’s crucial we maintain our high standards as we grow.”