| £2m investment in Muller Martini Binder
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| | | | The investment in our Tewkesbury site, acquired from Cooper Clegg 12 months ago, has included the purchase of a Muller Martini binder. The £2 million piece of equipment has almost doubled the output of the previous binder.
We've also spent £500,000 on IT projects which includes a management information system, a customer relationship management system and time and attendance software. This is helping us to make further improvements in managing workflow efficiently and to required deadlines.
Other key developments include the addition of a fourth shift to the workforce which has resulted in an additional 15% print capacity at the Gloucestershire site.
The additional shift supported by a recent restructure of existing staff into new crews, and weekly press maintenance and calibration, has already led to increased effectiveness of the presses.
It also means that we are better set up to service the weekly magazine market as well as our existing customers' monthly and less frequent publications.
Our investment followed our retention of More Magazine with leading magazine publisher EMAP, secured in September 2007.
The business has been producing More Magazine for 10 years, and was successful in retendering when Bauer Consumer Media made the decision to go weekly.
Andrew Dalton, our Group Chief Executive Officer comments: "Our expanded capabilities at Tewkesbury resulting from this investment mean that we can serve this industry sector efficiently and effectively".
"The key challenge is to ensure we deliver on time," continues Andrew. "The introduction of a fourth shift and new binding line at the site, combined with the ongoing hard work, support and commitment from colleagues at Tewkesbury and around the business will enable us to deliver the service we know the weekly magazine market needs."
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