New model

Article Abstract:

Metaltech International makes steel processing equipment and has performed poorly until 1st half 1997, when the company reported a 1.9 million pounds sterling operating profit. The company's Bronx division is geared to exports and has a full order book, while Littell, in the US, is a technological leader with a 90% stake in the world market for equipment for steel processing in the automotve industry, using tailor blank welding. The company has high debt levels but its stocks could offer a speculative investment.

Metaltech

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Asea Brown Boveri

Article Abstract:

Asea Brown Boveri (ABB) has 50% stakes held by Brown Boveri and Asea. ABB produces industrial machinery such as turbines for generators, and railroad locomotives. The company has set up an alliance with Daimler-Benz to produce locomotives. ABB reported a record profit for 1995 following restructuring. Emerging economies are increasing demand for railroad construction, power stations and other infrastructure projects. These projects can be lucrative despite tight margins.

Turbines and turbine generator sets, Turbines, Turbine and Turbine Generator Set Units Manufacturing, Asea Brown Boveri AB

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Heavy metal fan

Article Abstract:

The performance of Metalrax stocks, and forecasts for the company's future stock performance are examined in detail.

Metalrax Group PLC

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