TMG bought a Fastbind Casematic H46 Pro large-format casemaker, BooXter binder, Elite binder and GBC laminator.
Although the investment was relatively small, director Julian Marsh said it was as important as the £3.5m it spent on new premises and an HP Indigo 7000 last year.
Marsh said: "At the time, our plan was to offer traditional litho customers the opportunity to print their short-run, four-colour digital work, such as business
cards. Photobook making equipment was not a priority until I did some research and found that it was still an untapped market.
"I found that for a relatively small investment of about £10,000, I could buy the equipment and consumables that would enable us to produce short-run, high-quality hardback photobooks."
Marsh added that the company was now targeting a £10m turnover based on the volume of work its new service had already brought in.
TMG boosts photobook capacity with Fastbind equipment install
The Minotaur Group (TMG) has increased its photobook capacity after installing Fastbind finishing equipment from Ashgate Automation.