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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"No Mr Bond, I expect you to di-rect mail"
"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"
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