Offset Print & Packaging gets investment ball rolling

By Tom Kilkelly

4 September 2023

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Credit: HSBC

Kent-headquartered printing firm Offset Print & Packaging has used funding from HSBC to install one of the UK's first Koenig & Bauer Rapida 145 printing presses.

The firm received a seven-figure funding package from HSBC, an ongoing supporter of the Kent business.

This new installment will allow Offset to print 16,000 1450x1060mm sheets of cartonboard per hour, whilst also increasing the quality of their product.

In order to ensure that the operation of the new equipment is optimised, eight Offset employees attended extensive training at the Koenig & Bauer production facility in Germany. The firm has also employed six new staff across various departments to offset the increased workload.

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Edward Bone, managing director, sales at Offset Print & Packaging, said: "Custom-branded packaging plays a crucial role in shaping a company's identity. This new press solidifies our status as a cutting-edge printing manufacturer, enabling us to support customers with their ever-changing packaging needs, and deliver innovative solutions.

"HSBC UK is a critical partner in this process and we are grateful for their competitive support over many years."

Simon France, deputy head of corporate HSBC Equipment Finance UK, added: "Offset's investment in its printing capability with the new Rapida 145 printing press shows a clear commitment to innovation and quality. Helping Offset secure the latest equipment is critical to helping this well-established business as it continues to grow."

By Tom Kilkelly

Tom Kilkelly started working as a freelance journalist for The Business Magazine following his graduation from UCL in 2022.

During his studies Tom became very interested in the works of Irish authors including Samuel Beckett and Flann O'Brien (Brian O'Nolan).

His current role as a freelance business reporter is his first exposure to the world of business journalism. Working at TBM has given Tom the chance to really get to grips with the goings-on in the business hive that is the South East.