Chamberlin appoints from within to the role of finance director
In the announcement, Chamberlin said it was “continuing to reduce costs and streamline the organisation in line with revised levels of revenue”
Company
LON:CMH
Chamberlin PLC is a UK-based specialist castings and engineering group. Within its castings divisions, comprising Chamberlin & Hill Castings Ltd and Russell Ductile Castings Ltd, the company produces high-quality iron castings in various metal grades ranging from 0.1kg to 5,000kg in weight for the automotive, construction, power generation, steel, rail and a variety of industrial product sectors. Chamberlin's engineering division, Petrel Ltd produces certified lighting products for use in hazardous areas such as petrochemical production facilities, and a range of control gear and electrical installation products.
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In the announcement, Chamberlin said it was “continuing to reduce costs and streamline the organisation in line with revised levels of revenue”
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Kevin Price will replace Kevin Nolan, who will remain as a director
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The casting and engineering group said technical issues at the firm’s new machining facility continue to improve and production of petrol engine turbocharger components at the Walsall foundry is progressively increasing
A look at some of the top risers and fallers in London today
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Investments and investor services
Below are the main news-driven share price movements at 4pm.