Joint Venture TimsonsCPI Ltd for the manufacture of Timsons presses
Kettering, 22nd September 2021 We are delighted to announce the creation of a joint venture between Timsons Engineering Ltd and CPI UK.
The creation of “Timsons CPI Limited” cements our strategic alliance, pulling together decades of experience and expertise in manufacturing some of the finest printing presses and printed books in the world. Building on our long-established strong relationship, Timsons CPI will manufacture new web offset litho printing presses and associated equipment for the global book manufacturing sector.
This new venture will complement Timsons Engineering Ltd and CPI Books existing businesses, helping to secure their long-term prospects to the benefit of their respective customers.
The first project of the new venture is to upgrade an existing T48 single unit Royal press to Zero-make-ready, increasing CPI UK’s Royal printing capacity to accompany growth in the UK trade book market.
Recent years have seen great resilience in the trade book market and web offset litho printing remains the most productive means for bringing large volumes of books quickly to market. Physical books sales continue to grow with more than 200m printed books sold in the UK alone in 2020, the highest number since 2012, a trend that continues into 2021 and shows no signs of abating.
Given the continued strength in the book market there exists a definite need for new web-offset litho presses to sustain the global publishing market and secure its manufacturing base into the future.
Through Timsons CPI, the renewed ability to manufacture new Timsons printing presses is great news for book manufacturers and publishers alike.