The UK plastic card manufacturer and printer, Nitecrest, has announced that it aims to double its capacity at its Lancashire firm.
The company will boost production with the installation of a new two-stage punch.
In December of last year, Nitecrast installed its first Otto Künnecke KS 104 P two-stage punch, with plans for additional punches to be added in the coming months.
The firm, which specialises with plastic gift cards and key tags and has clients such as M&S and Next, claims that it will now be able to take on a higher volume of jobs.
“We sit at the top tier of this specialist market and are striving to stay there. This investment, and the others we will continue with in 2018, will allow us to double our capacity,” reported Ronnie Hart, Managing Director of Nitecrest.
“There has been a perceived increase in demand for physical gift cards across our customer base that we have to be able to meet. Alongside this, we are bringing on new clients this year – which means we are very much looking forward to 2018.”
The punch is valued at approximately £240,000 (US$325,459), and has the ability of making specialised card shapes – such as M6 and key cards – in more efficient time.
Adding together the total number of punch installations, the company are investing more than £650,000 ($881,452) into increasing its capacity.