The 18-staff firm has moved to CTP with a Topsetter 74P, which will produce plates for its new five-colour Speedmaster 74 with coater. A Polar 92X guillotine was also part of the spend.
The firm's second move in its 150-year history was completed last week after a month-long transition period, when production was moved to the new 1,200m2 Hinckley Fields factory.
Baxter director John Russell said: "We needed to get bigger premises and we were desperate for more kit."
He said that the firm was "impressed" with the move to CTP: "Just this morning we've produced 92 plates. That would have taken a week on the old set-up."
Baxter has a turnover of around 1m and runs a range of litho, platen and letterpress kit.
Have your say in the Printweek Poll
Related stories
Latest comments
"Gosh! That’s a huge debt - especially HMRC! It’s a shock that HMRC allowed such an amount to be accumulated."
"Whatever happened to the good old fashioned cash job! At least the banks didn't take 2-3% of each sale. After 30 odd transactions that £100 quid you had has gone."
"It's amazing what can be found on the "web" nowadays!"
Up next...
Turnover boosting wins
FDM in bumper triple contract win
Interim boss already in place
Royal Mail chief executive quits
Prints onto complex objects