The business is space constrained at its current location, and will move to the site of its sister sheetfed business in Romford.
The switch is planned for completion mid-November and St Ives anticipates that additional jobs will be created as a result. The existing staff of around 20 will have the opportunity to move to the new site.
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"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."
"Now black really is white. Ditching a product line with all its consequences for customers is now an award winning move. Priceless!"
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