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Thanet Press handed cash grant to help it handle pharmaceutical work

Thanet Press has been awarded a £236,550 grant by the South East England Development Agency (SEEDA) that will enable it to build a controlled environment in which to produce instruction leaflets for the pharmaceutical industry.

The grant, which was awarded under the Selected Finance for Investment in England grant scheme, has enabled Thanet to create nine and safeguard 86 jobs by upgrading its facilities.

It has also enabled the company to purchase a specialist machine to print and fold pharmacy leaflets and refit part of its Margate-based site with an ISO PS9000-approved environment for pharmaceutical packaging.

Thanet's Ken Lindsay said: "Thanet Press can now realise its full potential. This project allows us to expand into new markets and provide an environment which meets the ISO regulations.

"Locate in Kent have been invaluable in its support and help in securing the grant from SEEDA and its knowledge has been a real asset."

Locate is an investment promotion agency that advised Thanet in its grant application.

Peter Symons at Locate in Kent said: "The grant awarded to Thanet Press demonstrates how important financial assistance can be for the expansion of a company.

"This is a great opportunity for an historic company that has been in operation for more than 200 years to move forward and modernise by incorporating the latest innovative technologies."

Roger Gough, Kent County Council's cabinet member for regeneration, said: "It is good to hear that this grant will safeguard jobs in Thanet and create new ones.

"It shows the importance of Kent County Council's continuing support for Locate in Kent's work. It is also encouraging that Thanet Press' innovation has been recognised by the award of this grant."

Thanet's clients include Procter & Gamble, Estee Lauder and various universities and councils.

Comments

wolf maluchha - 20 August 2008

Great news for Thanet but what about all the other printers in Kent - how many jobs are being lost there? Surely Kent is rich enough not to need taxpayer's money thrown at it?

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