Paul Utting, sales director of St Ives' web division, said: "By industry standards the presses are not old, but in the next two to five years we need to be thinking about replacements and possibly even earlier depending on contracts. There are a number of orders out there."
St Ives Peterborough specialises in long-run weekly titles requiring quick turnaround, including The Economist and The Sunday Telegraph Magazine.
It has recently gone CTP and runs seven Muller Martini saddlestitching lines and a 28-station Muller perfect binder in its finishing department.
Utting said St Ives had not yet decided on the pagination of new presses and was "looking at all options".
[0]St Ives made further redundancies at Burrups this week, due to continued poor trading conditions in the moribund financial print market.
Story by Gordon Carson
