PROSPER MAGAZINE: DIGITAL EDITION
NEWS IN BRIEF
CLARKEPRINT CONTINUES TO INVEST DURING DIFFICULT TIMES
Whilst 2020 has been a year of uncertainty, with lockdowns, travel restrictions, and a no deal BREXIT looming on the horizon, Birmingham based printer, Clarkeprint, have taken this opportunity to invest in new technologies and office refurbishments, ensuring future improvements to productivity, quality and versatility, in a continually competitive market.
In the last nine months Clarkeprint have invested over £500K in a variety of new printing equipment, most notably becoming the first company in Europe to install two Xerox Iridesse 8-colour digital presses.
Although the Iridesse printers are the jewel in the crown, investment has not stopped there. A new Kodak platesetter improves efficiency within their litho production department, and a Veloblade digital die-cutting machine offers a faster turnaround and greater flexibility in short run packaging production and die-cut print, opening up ever more opportunities for designers and marketeers.
HOMESERVE POSTS RISE IN REVENUE AND PROFITS AFTER SURGE IN HOME REMODELLING
Home assistance provider HomeServe posted a 16 per cent rise in first half adjusted profit, helped by a surge in demand for home remodelling during Covid-19 lockdowns.
The Walsall-based repairs and improvements business saw adjusted pre-tax profit for the six months ended September 30 rise to £33.1 million from £28.6 million a year earlier. Meanwhile, revenue increased 17 per cent from £457.7 million to £536.7 million.
The firm is one of few to have benefited from the impact of the pandemic, with the rise in home working encouraging people to spend more money fixing up their homes.
It has been helped by the fact that its 6,000 tradesmen have been able to continue working all the way through the pandemic, despite lockdown restrictions.
As a result of its impressive performance, HomeServe was admitted to London’s premier FTSE 100 index back in March.
PLANS OUTLINED FOR PHOENIX 10 AS CONTRACTS EXCHANGE
Once home to the James Bridge Copper Works, the 44-acre site in Walsall has been derelict for over 20 years. Now, it’s set to become a centre for enterprise once again with up to 620,000 sq. ft. of employment space, attracting new jobs and investment to the region.
The site is the largest undeveloped brownfield plot in the Black Country. Its location will be a big draw for occupiers - visible from the M6 and accessed via Junction 9, it’s one of the region’s most well-located sites.
HBD will deliver Phoenix 10 on behalf of Walsall Council and Homes England, supported by funding from both partners, along with the Black Country LEP and the West Midlands Combined Authority (WMCA) which has agreed a multi-million pound funding deal to undertake the remediation works.