Pan Pacific Aggregates says it is generating cash from the Quadling Quarry.
Strong demand for road building and other infrastructure projects is helping Pan Pacific to grow sales from Quadling which was reopened on 26 March 2010. It is investing in new plant in order to increase production.
A new crushing plant will commence production at the end of May. This will enable Pan Pacific to sell into higher margin markets.
At 0.61p a share, up 0.055p on the day, Pan Pacific is valued at £9.99m.
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