Breaking chains of the past

Article Abstract:

Eliza Tinsley has moved into components for off-road vehicles through acquisitions such as Smithson and Evenwood. Producers of such vehicles are increasingly outsourcing, and Eliza Tinsley is in a good position to benefit from this trend. This should help boost sales for the company even if the market for off-road vehicles contracts. The company has reduced costs in its traditional activity of distributing hardware and chains. The company's profit is forecast at 2.9 million pounds sterling for 1997 to 1998 by Albert E Sharp.

Construction machinery, Construction Machinery Manufacturing, Off-Highway Vehicle Parts, Automobile equipment and supplies industry, Automotive parts industry, Automotive parts, Off road vehicles, Eliza Tinsley Group PLC

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Quiligotti trips up yet again

Article Abstract:

Quiligotti produces floor tiles, and is closing two divisions, Chelsea Artisans and Quiligotti Industrial Flooring. The company has warned that there will be a pre-tax loss for the year to Mar 1996, which should not be above 700,000 pounds sterling. Borrowing facilities have been negotiated to cover the costs of the closures, and this is cause for concern. David Scott, the company's managing director, emphasizes the profitable performance of Microfloor, terrazzo contracting, and terrazzo production.

Ceramic wall and floor tile, Ceramic Wall & Floor Tile, Ceramic Wall and Floor Tile Manufacturing, Building materials industry, Tiles, Riva Group PLC

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