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Pin to quick picksChamberlin Plc Regulatory News (CMH)

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Promoted to Category "A" supplier by IHI

29 Jun 2016 07:00

RNS Number : 5410C
Chamberlin PLC
29 June 2016
 

 

29 June 2016

AIM: CMH

 

CHAMBERLIN plc

("Chamberlin" or "the Company")

 

Wins

"Most Improved Supplier" Award

at

IHI Charging Systems International Conference

 

Chamberlin, the specialist castings and engineering group, is pleased to announce that its flagship foundry at Walsall was awarded "Most Improved Supplier" at a recent supplier conference held in Germany by IHI Charging Systems International, the provider of charging systems in the European turbocharger sector.

 

The award recognised Chamberlin's promotion to Category "A" supplier and makes the Company one of only two suppliers to IHI Europe Ltd ("IHI Europe") to hold this top supplier status. The re-categorisation is significant because it means that Chamberlin will now be automatically included in quoting for all future bearing housing opportunities in addition to supporting IHI Europe's technical requirements for the foreseeable future.

 

Currently, Chamberlin's Walsall operations supply over 1.6m parts to IHI Europe, worth approximately £7m per annum. The level of enquiries from IHI Europe has been increasing steadily as the foundry has improved its performance and now stands at an all-time high.

 

Kevin Nolan, Chief Executive of Chamberlin, commenting on the award said:

 

"We are delighted to receive this award from one of our major customers, IHI Europe. Our flagship foundry at Walsall has successfully completed a period of significant transition as we have upgraded and improved processes. Walsall's promotion to Category "A" supplier to IHI Europe is significant, making the foundry one of only two suppliers to hold this top status. It also open up new opportunities, with Walsall now being automatically eligible for tending on all future bearing housing opportunities.

 

Our recent initiative to develop Walsall's machining capability will support the foundry's ongoing growth and we look forward to building our existing strong relationship with IHI Europe."

 

Enquiries:

 

Chamberlin plc (www.chamberlin.co.uk)

T: 01922 707100

Kevin Nolan, Chief Executive

David Roberts, Finance Director

Panmure Gordon (UK) Limited

T: 020 7886 2500

(Nominated Adviser and Broker)

Adam James, Peter Steel

KTZ Communications

T: 020 3178 6378

Katie Tzouliadis, Viktoria Langley, Emma Pearson

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NRALLFLERRITFIR
Date   Source Headline
26th Mar 20187:00 amRNSBoard Appointment
22nd Jan 20187:00 amRNSMachining claim update
6th Dec 20177:00 amRNSDirectors' Interests
1st Dec 20177:00 amRNSBoard Change
28th Nov 20177:00 amRNSHalf-year Results
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21st Mar 20172:24 pmRNSHardman Research: Turbo-charging into growth phase
10th Jan 20172:15 pmRNSAppointment of new Nominated Adviser and Broker
19th Dec 20165:01 pmRNSDirector/PDMR Shareholding
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24th May 20167:00 amRNSFinal Results
29th Feb 20167:00 amRNSTrading Update, New Contract & New Facility
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5th Jan 20161:26 pmRNSHolding(s) in Company
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6th Aug 20157:00 amRNSChange of Adviser
4th Aug 20153:58 pmRNSHolding(s) in Company
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17th Jul 20157:00 amRNSAGM Statement
19th May 20157:00 amRNSFinal Results
27th Nov 20144:50 pmRNSDirector/PDMR Shareholding
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18th Nov 20147:00 amRNSMajor Contract Win
17th Oct 20147:00 amRNSMajor contract win
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31st Jul 20147:00 amRNSAGM Statement
20th May 20147:00 amRNSFinal Results
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15th Oct 20137:00 amRNSTrading Update
23rd Sep 20137:00 amRNSDirector/PDMR Shareholding
9th Sep 201310:48 amRNSDirector/PDMR Shareholding
2nd Sep 20137:00 amRNSAppointment of Chief Executive

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