Foundry firm closes Leicester business
A Walsall-based foundry business has announced the closure of an operation in the East Midlands after incurring a near £400,000 first half loss.
Chamberlin announced a statutory post-tax loss of £391,000 in the first half (2015: loss of £367,000) – prompting the decision to close the factory in Leicester, which it said was the least specialised of its three foundries.
Overall, the firm said results for the first half were in line with management expectations and the group remained on track to achieve market expectations for the... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
