Thames Card Technology increases production capacity
Thames Card Technology, one of the UK’s largest manufacturers of secure and non-secure plastic cards, has responded to market demand for its gift, loyalty and payment card production services with the purchase of two new machines. The ‘best-in-class’ equipment incorporates technologies that deliver the increased capacity required to maintain its position as the go-to provider for the UK plastic card market.
“The purchase of this new machinery is central to our growth plans following December’s investment of £3.2m from independent UK investment firm, BGF,” comments Paul Underwood, Managing Director at Thames. “The exponential growth of the gift and loyalty sectors, the increasing number of banking customers in the developing world and EMV migration in the US is seeing demand for our services grow and these purchases maximise our ability to respond.”
Gift, loyalty and membership card production capacity has been increased by an additional 50% thanks to the Atlantic Zeiser Cardline Versa machine, which offers a high-speed drop on demand (DoD) card personalisation system. It streamlines and expedites the card production process, enabling the data to be encoded and printed onto the card, scratch labels to be attached and camera-automated verification to happen in-line, on a single machine.
Further investment has been made to improve services for the gift, loyalty and banking market with a Kurtz C7000 High-Speed Hologram and Foil Blocking System.
“Not only are we significantly increasing capacity, we are also adding capabilities and improving continuity as these new machines will supplement our existing infrastructure,” concludes Paul. “With increased output we are also investing in a second secure vault to store our Visa and MasterCard products throughout the manufacturing and personalisation process.
“This is an exciting stage in our growth and it is full steam ahead with our growth plan as we strive to improve efficiency and streamline processes which will benefit us and, most importantly, our customers. We look forward to announcing further purchases in due course as part of our plans to develop our share of the banking market.”
Business funding news
BGF invests £30 million in Yorkshire and North East in active H1
BGF has invested £30 million in Yorkshire and the North East in the first half of 2021, cementing its commitment…
BGF sees business confidence grow in 2021 with close to £33m invested in Scottish firms so far
Throughout the last six months, the investment team for Scotland has invested close to £33 million across 10 Scottish growth…