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Chamberlin

  • BY: Andrew Hore |
  • POSTED: 26/09/2010 |

Engineer and castings maker Chamberlin says that its specialist foundry businesses are recovering and it will make a profit in the first half. 

Castings volumes have increased materially, helped by the demand for automotive turbocharger components. Demand for heavy castings has returned to pre-recession levels. Chamberlin owns one of three foundries in the UK capable of producing castings of up to six tonnes.

Interim figures will be published during November.

At 80.5p a share, Chamberlin is valued at £6m. The shares are one-quarter higher than one year ago. 

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