The company, part of The Print Factory (TPF), has already invested in two new Heidelberg Speedmaster presses, a 10-colour and a 12-colour 102 with CutStar sheeter for its Swindon factory.

"The three new Stahlfolder TH82s will output three times the work of the three older models they replace," said TPF group operations director Gary Kiernan.

He added: "On the basis of our August figures we are up to an annual turnover of 13m, so we want to climb a further 60% over the next six to 12 months with two 10-colours and the 12-colour SM 102s in place."

As part of the investment, Wace will also add a CutStar unit onto the 10-colour Speedmaster it installed in July.

Story by Philip Chadwick