The £4.5m-turnover division has invested around £50,000, excluding site refit costs, on new laser printing and ‘intelligent mailing’ equipment, incorporating tracking and auditing technology, that enables the firm to print secure individual documents or multi-page mailings with unique barcoding, matching them to single or multiple envelopes.

The investment includes 10 accredited HP3015 laser printers to add to its existing fleet. Meanwhile two Pitney Bowes DI950 inserters have been installed at the site site to support the new facility.

The spend also includes eight HP Magnetic Ink Character Recognition (MICR) printers with eight corresponding operator consoles.

The new facility supports Checkprint’s secure business outsourcing work including cheque, cheque remittance, statement, utility bill, invoice, customer communication and PIN printing and mailing.

Chairman Martin Ruda said: "This gives us a single self-contained environment, which customers like, and enables us to flow the work through much more cost effectively than we previously have been able to."

He added: "Our cheque bureau service has been a feature of our activities for some time but what we have increasingly found is that our clients, including a number of financial institutions, are looking for a complete end-to-end, fully tracked and audited service in one self-contained, secure environment for the type of documents we are managing for them."

Ruda said the upgraded service would also offer cost and time savings for clients.

The investment coincides with Checkprint's 20th anniversary, which it celebrated last month.

Plans are in place to add to Hinckley's 55-strong workforce this year to meet continued growth, Ruda said, with a 7% increase across the group in 2012 and further growth anticipated in 2013.