A Cardiff-based printing firm is celebrating its 29th year in business by making a £1M investment in its technology; the first of its kind in the UK.
Spectrum Printing, which was established in 1989 by Lawrence Corria Snr, has invested the seven-figure sum as it acquires a Heidelberg Speedmaster CX 75 and studio; becoming the first firm in the UK to purchase the state-of-the-art machinery and technology.
Lawrence Corria Jr, who heads up the firm alongside his father, said:
“This significant investment comes off the back of successive successful years. We have grown our public sector contracts healthily and as a result, we have put much of the reaped rewards back into the business and with this new machinery we are forecasting to achieve a healthy increase in turnover in 2018.”
Spectrum Printing is the preferred supplier to Welsh Government after coming top in their group in the All Wales Printing Framework.This has allowed the business, which employs a team of 20 from its base in Cardiff Bay, to provide print for public sector bodies and councils across Wales. Other customers include large marketing and communication agencies as well as blue chip businesses in the private sector.
Mr Corria Jr continued:
“As we edge towards our 30th anniversary, it is incredible to see how long the business has come in terms of clients as well as technology. The print industry may well be under some pressure as a whole, but we are living proof that by taking a pragmatic approach and delivering a quality end-product with a dash of polished customer service, you can still do very well.
“With the new addition of the Heidelberg Speedmaster CX75, we have implemented a double-shift pattern of our staff due to increased demand and contract wins – it really is dictating the pace at which we work.”
Spectrum Printing has benefitted hugely from the impressive feat of German engineering since its installation. Mr Corria Jr said:
“The new machine allows us to print at a top-speed of 15,000 sheets per hour giving us an enormous capacity in which to service clients. It is the fourth Heidelberg press we have had in 29 years and they have always stood us in good stead. We look forward to being the flag-bearers of the Welsh printing industry for years to come.”