A two-year £25m capital investment programme at Sheffield Forgemasters, including the re-investment of all profits, is set to gear the business up for greater post-recession recovery.
Management at the Brightside Lane based business, which exports large-scale, highly engineered components to the defence, civil nuclear, oil & gas exploration, power generation, and steel processing industries, have pumped more than £25m into plant, equipment and processes over the last two years in a strategic move. The investments, which have seen upgrades to existing…
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