"We're gearing up for turning the Wace factory into a 16m turnover plant," said sales director Steve Palmer.
The new 10-colour Speedmaster is already up and running, with engineers installing a 12-colour Speedmaster with CutStar sheeter as PrintWeek went to press. A CutStar unit will be added to the first press in October.
The two new perfectors, which will boost productivity by 30%, replace two eight-colour Speedmasters, a straight and a perfector, at the 9m turnover firm's Swindon site.
The 5m spend will also include a third Speedmaster, a 10-colour to be installed next year and a clutch of Heidelberg post-press kit. Two new folders will be installed in August, with a third at a later date.
The firm is also in negotiations with the German manufacturer about a new stitching line.
By Darryl Danielli
Waces press upgrade begins
Wace has finished commissioning the first long perfector in its 5m Heidelberg spend with the second going in this week, as part of a move to nearly double turnover.
