The Abingdon-based printer, established in 1901, is moving from its current site to allow for greater use of space and offer scope for kit expansion in the future.
The 27-staff firm, which will move in May or June, has experienced a 10% growth in turnover each year for the past several years and plans to expand further with the Lithrone investment.
Leach's the Printers sales director Chris Williams told printweek.com: "We wanted to put in the new four-colour press, but there was simply not enough space for it."
The firm, which is leaving a rectangular-shaped building to move to a square facility in Nuffield Centrum, will take delivery of the B2 Komori LS 429C with inline coater after the move.
Williams added the press would "boost our capacity by at least 30% and allow us to take on more work from new and existing clients".
The Lithrone will replace a two-colour B2 MAN Roland press and will run alongside kit that includes a single-colour Heidelberg Printmaster and a two-colour Speedmaster.
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"Great to see companies investing in the UK."
""the costs outweighed the income", but he claims the print was profitable??? SbF"
"Will he be asking for credit from the same companies he’s left with debt?"
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