17 Aug 2010 09:00
๏ปฟ
Castings plc
Interim Management Statement and AGM
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Castings plc will be holding its Annual General Meeting this afternoon and at the meeting Chairman Brian Cooke will make the following statement:
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I am pleased to report that demand for our products has continued to grow since my Chairman's Statement in June.
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We are continuing to invest in new machines at CNC Speedwell in order to meet the increasing schedules particularly from the commercial vehicle industries. We are also re-investigating a project to improve on site logistics at the Brownhills foundry.
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The new foundry at William Lee is now operating on a single shift basis and is proving a good investment.
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It is always difficult to know what is going to happen in the long term, but it is sincerely hoped the recovery will continue and more stable times will be enjoyed.
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B.J.Cooke, Chairman
Castings plc, Lichfield Road, Brownhills, West Midlands WS8 6JZ
17th August 2010
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