Huddersfield-headquartered Riley Dunn & Wilson was bought out of administration on 7 May last year, by the grandson of its founder.
In the last year, Charles Dunn, whose grandfather Hugh started the business in 1909, bought the company alongside business partner Jeremy Mills.
Having originally re-employed 59 staff, Riley Dunn & Wilson has now increased the number of employees over the past year to 85 and is on course to turn over £2.4m.
Dunn said: "The company has done cased edition binding for a long time. But often customers that want short-run cased booklets also want paperback versions, and this could not be done.
"When we took over we knew we wanted to add paperback binding and we knew we wanted to be able to print booklets as well."
To meet this demand, Riley Dunn & Wilson invested in an HP Indigo 1050, alongside other investments including a new CP Bourg BB3002 single clamp perfect binder from Terry Cooper Services and an MBO T52 folder.
Dunn said that the BB3002 had brought a secondary advantage because the company had been able to line its hardback versions on the same machine.
Jeremy Mills added: "Although we still retain traditional craft bookbinding skills, we are modernising and taking the company into new areas."
Grandson's investment pays off as Riley Dunn & Wilson comes back from brink
A finishing company once on the brink of closure has reinvented itself with the help of a 100,000 investment.