The Abingdon-based company is 107 years old and has been operating from its present site since 1937, but growth over the past decade has spurred the decision to move to new 836sqm premises.
Once refurbishment is complete, the new Komori will replace a two-colour Roland and be installed alongside five other B2 and B3 two-colour presses. The new press will print and coat inline, to speed up turnaround time for jobs.
Managing director Neil Stratford said: "Traditionally, we have used two-colour presses to print in four colours, but in today's competitive market, this is no longer always time-efficient.
"Turnaround times have increased steadily and pricing has become tighter so we needed a new press to address these issues.
"The Lithrone's quality was the best of all the models we looked at and Komori came out top in production speed and flexibility and they put the right deal on the table."
The company prints a range of products, from brochures and certificates, to maps and watercolour prints, as well as greetings cards.
It employs 30 staff and turned over almost £1.9m in 2007, up 10% year-on-year.
Leach's the Printers was founded in 1901 by Thomas Leach with the purpose of producing stationery and greetings cards for the clergy. David Leach, grandson of founder Thomas, is the current chairman.
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"This is a repeat of what happened to 1066 Capital t/a Crystal a year ago. They also never put this company in administration.
We are all still left unable to claim the redundancy and notice pay owed..."
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