The company has installed a five-colour Komori Lithrone Super (LS) 529 press along with a set of secondhand Polar die-cutters, a new Graphica offline UV coater and a lamination machine.
S K Aggarwal, director at Quality said: "The investment is a strategic move to restructure process and put a lean manufacturing process and systems in place. We aim to specialise in printing and packaging."
The Komori LS 529 press is housed along with a two single-colour Dominant and Heidelberg, a set of four-colour Solna and Heidelberg in a newly constructed three storey building of 13,500 sqft area which is manned by 40 staff on its roster.
"I am glad to have a great machine under my hood but the real benefits will eventually come once the press runs at full speed, day and night," said Aggarwal.
The company has a turnover of Rs 3.5-cr per annum and hopes to achieve Rs 5-cr by next year.
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"Well done all involved... great to see the investment to increase the productivity in the same footprint- much more sustainable than popping another one up."
"From 1949 until the late 2000s Remploy had a network of government-subsidised factories that offered employment specifically to disabled people, originally often war veterans or victims of industrial..."
"Does appear an odd decision as with that level of shareholder funds they would be liable for the staff redundancy and cover the insolvency costs. It’s not like they could take the money and dodge..."
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