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RD Industries, the Plymouth-based stationery firm, has been bought out of administration by West Design Products of Folkestone.
RD Industries is to relocate its stationery factory and 100 jobs from Saltash to sites in Plymouth and Bristol.
RD Industries is looking to relocate its stationery factory and 92 staff from Saltash to Plymouth in October.
RD Industries is looking to invest £3m in the development of a new larger stationery factory in Saltash over the next two years.