Print firm optimistic for future
Jan 14 2009 by Peter McCusker, The Journal
DESPITE the raft of high street store closures, one retail-focused printing company is optimistic for the future and has secured an £80,000 investment to help progress its plans.
Michael Theakston, who has owned Redcar-based Theakston Print since 2006, has secured the investment from Corus-subsidiary UK Steel Enterprise to upgrade an existing printing machine.
The business currently employs six people and Mr Theakston says the company now expects to double its workforce in the next 12 months and break the £1m turnover barrier by 2010.
He said: “Trading conditions are undoubtedly tough at the moment. But the investment, which has allowed us to convert a printing machine, means we can diversify and open up a new business area.
“Converting an existing machine means we will be able to keep our costs down on the new product range and offer great value.
“Approximately 85% of our current products are for the retail sector, including large format in-store posters, point-of-sale and litho laminated materials, as well as a whole range of digital prints and posters.”
UKSE regional executive Nick Johnson said: “We’ve known Michael for a number of years and he has always impressed us with his ambition and determination.
“It is especially pleasing that this investment will lead to a number of new jobs, including one for an apprentice.”
