6th Nov 2007 10:23
Renold PLC06 November 2007 Renold plc("Renold" or the "Company") Alstom contract award Renold plc is pleased to announce that it has been awarded a USD 14 millioncontract extension to supply couplings and gearboxes to Alstom for the New YorkMass Transit Authority. This contract is phase 2 of a 3 phase schedule and isexpected to be fulfilled over an 18 month period commencing May 2008. Renold will issue its interim results on 20 November 2007. The Board willconfirm trading is in line with expectations and its positive outlook for theremainder of the year including the benefits of its recent acquisition RenoldHangzhou and progress with its PACE programme. 6th November 2007 Enquiries: Renold plc 0161 498 4500 Bob Davies: Chief Executive Peter Bream: Finance Director College Hill 020 7457 2020 Matthew Gregorowski Nicholas Potter NOTE FOR EDITORS Renold is a leading global manufacturer of industrial chains. It alsomanufactures specialist gearboxes and couplings. The company is an engineeringbusiness with a specific focus on providing highly durable solutions whereperformance and reliability in use are of the utmost importance. Renold's products are used in a wide variety of industries includingmanufacturing, transportation, energy production, steel and mining. The companyhas a well deserved reputation for quality that is recognised worldwide. Renold has 13 manufacturing plants throughout the world and employsapproximately 2,500 staff. The company is currently expanding its geographicalfootprint by increasing its manufacturing presence in "low cost countries". This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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