The company, which is moving from its current Stockport premises to a new 1,100sqm factory in Dukinfield, Greater Manchester, has invested in kit from Heidelberg to fill its new home and is looking to acquire a local firm to aid its growth.
DXG Media founder and managing director Duante Goncalves said the move would allow the firm to improve its workflow.
The centrepiece of the investment is a five-colour plus coater Speedmaster CD 74, which replaces an SM 74 five-colour press and will run alongside a CD 102 six-colour machine.
The company has also installed an ST350 six-station stitcher with cover feeder, which can run at 12,000 copies per hour, and a Busch waste conveyor and a stacker.
Goncalves said that the new stitching equipment would save money and cut turnaround times. “The amount of stitching work we sent out to the trade was huge. This investment means we can keep the work in-house and that helps keep a healthy margin on the bottom line,” he said.
Currently, DXG has a turnover of around £3m. However, the company is aiming to reach £5m in the next two years.
Part of the increase in turnover will come from the planned acquisition of a North West print firm.
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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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