
Stockport commercial printing firm, Chapel Press, has secured £600k funding from HSBC to invest into new machinery that allows the business to transition to 24-hour production.
Chapel Press expects the move to create five additional new jobs at their site in Bredbury, as well as increase turnover by 25%.
The Stockport printing firm anticipates that its rapid growth will come from increase targeting of the education and housing sectors in the UK and Europe, as well as through increased productivity and capacity that has come as a result of investment in its new equipment.
Chapel Press Managing Director, Tim O’Shea, said:
Moving to a 24-hour cycle is a huge step forward for the business and it allows us to significantly increase services for new and existing clients. We’re delighted to make these changes with the support of HSBC UK and excited for the future of Chapel Press.”
John Paulson, Relationship Manager for HSBC UK, Liverpool & Cheshire, added:
Chapel Press operates in an incredibly competitive industry which makes its longevity even more impressive. For over three decades the business has built significant expertise whilst not being afraid to provide innovative solutions. This latest investment confirms this and signals the business’s plans for continued growth and expansion.”
Chapel Press was founded in 1983 and provides print and marketing services to both multinational and small enterprises. The Stockport printing firm currently employs 31 people.
Image: L-R: John Paulson and Craig Onions, HSBC UK; with Chapel Press MD Tim O’Shea.