The Ryobi 522GE press is Urantia’s third two-colour machine, joining a Ryobi 522HE and a Heidelberg PrintMaster.
Urantia director Jeffrey Collins said: "We have been seeing a significant rise in the amount of work coming in during the course of the past nine months. The new press will help us better manage the level of demand that we are now experiencing."
The Northfleet company specialises in short- to medium-run stationery work. It produces items such as business cards, leaflets and brochures, with the majority of work produced on two-colour machines.
Have your say in the Printweek Poll
Related stories
Latest comments
"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!"
Up next...
News comes a year after the Coronation
King and Queen update Royal Warrants
66-year-old firm closes
DCW Penrose shuttered; kit sold at auction
Finishing from start to finish
IFS lauds partners' premieres and Drupa importance
Government emphasised RM's importance to society