The company, which first moved into the digital sector in 2010, has also invested in two HP T410 colour inkjet web presses and an Indigo W7250 digital press.
CTPS, which specialises in book printing for export markets, will use the new machines to expand those capabilities while capitalising on a growing demand for commercial and transactional print from customers closer to home.
Peter Tse, chief executive of CTPS, said the latest investments represent the latest stage of the group’s rapid growth within digital print production, having also invested in an Indigo 7500 and T300 web less than two years ago.
"As an established Heidelberg print house, it was important to get the best available to us and these new investments enable us to offer both quality and speed without compromise," he said.
The company’s new T410 machines will enable CTPS to redeploy some of the manpower currently tied up in its offset operation by cutting the numbers required for its book printing operation.
Its new Indigo W7250 will produce high-quality direct mail, variable data and transactional print collateral while the Indigo 10000 will take on offset jobs while also having the added advantage of working with the group’s existing finishing equipment.
Tse (left) with Aurelio Maruggi from HP’s Inkjet High-Speed Production division
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"I'm sure this will go down well with print supply chain vendors. What terms is it that ADM are after - 180 days is it?"
"Hello Set Off,
Unencumbered assets that weren't on the Reflections books, I believe.
Best regards,
Jo"
"Just wondering who Rapidity are buying the equipment from as there would not appear to be an administrator for the Reflection companies as yet?"
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