04/03/2016

W&G Baird Announces £4m Capital Investment

W&G Baird in Antrim has announced a £4 million capital investment to boost the printing firm's sales outside Northern Ireland.

The firm has installed new press, folding and bindery machines that will expand its capabilities and boost the efficiency and competitiveness of the business. The investment will enable the company to secure highly skilled engineering employment in the long term and allow for expansion in the future.

Enterprise Minister Jonathan Bell said: "W&G Baird has a long and distinguished history within the printing industry and this investment to upgrade the company's equipment cements its commitment to future growth. I am pleased W&G Baird have benefited from a Growth Loan Fund loan of £500,000 as well as £99,500 of support from Invest Northern Ireland to support its development."

Patrick Moffett, Managing Director of W&G Baird, said: "Against a changing landscape in Northern Ireland’s printing industry we identified the need to upgrade and improve our in-house printing and bindery capabilities. Installing this new equipment is a major investment for the business which will help safeguard our future.

"Invest NI's support and the loan from the Growth Loan Fund has enabled us to implement our expansion strategy promptly so that we can take advantage of new business opportunities."

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