Contract wins offer £7m boost to manufacturing group

Manufacturing group Avingtrans has said it is on course to meet full year expectations after a strong first half. The AIM-listed group, which designs, manufactures and supplies critical components and associated services to the energy and medical sectors, said it had been boosted by a number of new contracts, worth almost £7m to the business.

They include: nuclear life extension contracts worth £2.2m in Sweden and £2.5m in South Korea; a £1m steam turbine refurbishment contract; an initial £0.5m UK gas distribution network. 

Read the full article at The BusinessDesk.