Printing Machines

Chinazor Megbolu

In a bid to give its teeming customers real value for their money to mark its 50 years of printing, Academy Press Plc had unveiled five ultra modern printing machines valued at about N1.5 billion.

The launch, which took place at the company’s premises in Lagos recently witnessed individuals and corporate organisations that came to support the lofty project.

The Board Chairman, Mr. Simeon Oguntimehin, in his welcome address, said the event also commemorates the firm’s 50th anniversary celebrations.

“What more can one show at 50 than the fact that you are up to date in what you know how to do best and you are getting set for the another 50 years to come. This is the significance of this event, “he said.

According to him, the firm being a leader in the printing industry, would continue to be at par with the best one can find in any part of the world.
According to him, “this we do by ensuring that our equipment and personnel skills were consistently modern and updated.”

Oguntimehin also pointed out that this was a trend the company has maintained in the last 50 years of its printing production.

“We have maintained this concept through these years up to date. We have by so doing been able to sustain our relevance and operations over the years,”.

“Today we can boast of having one of the best print facilities in sub-Saharan Africa. Not only are we capable of good quality in good time but also high volume delivery, “he said.

Oguntimehin , who also doubles as the Lisa of Ondo Kingdom, noted that the current challenges the company is facing so far is that of availability of raw material especially paper, which is the main product input cannot be gotten locally but through importation.

“I therefore wish to appeal to the President of Federal Republic of Nigeria, President Muhammadu Buhari and the agencies to make special concession for our industry to be given special consideration on forex allocation for the importation of raw materials so as to avoid imminent shut down and its consequences, ” Oguntimehin said.

Meanwhile, the Managing Director Mr. Gbenga Ladipo, in his speech, hinted the equipment namely; Twin Tower Hiline Express 4 Colour Web Press. Komori Lithrone LA 437 4 Colour Sheet Press, Primera C130 Muller Martini Gang Stitcher, Manugraph M360 2 Unit Web Press and Edale Beta Flexographic Press were acquired with the support of the Bank of Industry (BoI).

He also posited that each of the machines is customised in there own right to suit the yearning of its customers’ need and satisfy some special features that give them specific advantage in their own operations.

“With these additions into our existing array of equipment, we are able to assist our customers to perform better in their business as follows; standard and quality, speed, security, value for money and volume, “he said.

Ladipo, however stated that in the area of value for money, customers would enjoy complete satisfaction more than before because they will be able to make savings on price especially in view of current challenge of forex and Naira devaluation.