The Warwickshire-based operation was supplied the four-colour machine, which complements a Xerox iGen3 and Screen 4300 CtP, by Apex Digital Graphics.
According to Dean Ashby, manager of printing operations at Coventry Building Society, the Ryobi investment has almost quadrupled offset printing capacity.
He said: "We had been outsourcing some £300,000 worth of print, in addition to the work that we were producing in-house. This latest investment will help us to produce the vast majority of that work for ourselves."
The Ryobi 784E is outputting a range of materials such as sales leaflets, mortgage literature and business stationery with run lengths varying from 2,000 to more than 500,000.
"Not only is the press printing four-colours at a time," Ashby said. "It has a running speed of up to 15,000 sheets per hour, almost twice as fast as the machine that we have replaced."
He added: "We had to allow almost an hour for make-ready on the Heidelberg MO press, but can now be running our first sheets within 20 minutes on the 784E."
The plant also expects the new press to speed up its time to market on sales and marketing collateral
"It is likely that a quantity of work will come back to litho from our digital printing system. The quality is undoubtedly better, and the cost-per-copy with litho production is advantageous to us on surprisingly short runs," said Ashby.
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"Well done Tom & Co! Great to see you carrying on investing and look forward to seeing the new press when it is in. Thanks for all the work you do for us- always appreciated, Bilty"
"Sorry to read this, a big name to go down, hopefully a lot of the £1.8M was insured. We are recruiting operational staff & currently in-talks to assist the clients with immediate requirements."
"£1.8m !! Very big numbers indeed."
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