Mapco Printers upgrades and expands into publishing
Mapco Printers Limited aims to grow revenues by at least 40 per cent through a $110 million investment in factory and equipment upgrades at its Montgomery Avenue, Kingston offices.
The printing firm has spent some $70 million of its expansion capital on a new Heidelberg Speedmaster press and has entered the realm of publishing with a focus on school texts and leisure books.
“We have to keep up. If you are in business, you’re either going to be left behind or you move with the times and upgrade your equipment to keep abreast and meet your customer’s demand,” said managing director, Michele Gabay.
The company has also added 5,000 square feet of factory space, growing by a third to 20,000 square feet in order to expand its packaging business, Gabay said.
“This printing press has doubled Mapco's print capacity with increased benefit in the production of commercial print and packaging material. Efficiency on the press has increased by 50 per cent and this allows for greater production and reduced energy consumption,” Mapco said in a press advisory.
The press allows for a wide range of printed surfaces from light weight paper to board, the company said.
Mapco also makes folding cartons or ‘white boxes’ to facilitate customers such as Jamaican Teas, Gabay said.
The 29 year old company serves mainly private sector clients, but 15 per cent of business comes from government contracts, the MD said.
Mapco hopes to double revenues by 2017 with at least a 40 per cent lift within the first year. The company has added 10 jobs, and now employs 55 persons.