The Leeds-based commercial printer, which manufactures envelopes for the financial markets, was formed in 2007 and has undergone substantial growth over the last 24 months.
The eight-staffed company has moved to a 789sqm factory and has plans to look into purchasing a four-colour press in the coming months.
Sales manager Mick Bedford said: "We are a success story although margins remain tight.
"The recent FSC accreditation opens up new sales avenues, and the increase in floor space means we can buy base stock and paper far more effectively."
The company's markets include finance, trade and local authorities, and it is also working towards PEFC accreditation.
Carousel Envelopes: FSC award has helped growth
Carousel Envelopes has said its recent FSC-certification has opened up business opportunities as it reaches a turnover of 1.2m in its second full year of trading.