Chamberlin PLC Promoted to Category "A" supplier by IHI
29 June 2016 - 4:01PM
RNS Non-Regulatory
TIDMCMH
Chamberlin PLC
29 June 2016
29 June 2016
AIM: CMH
CHAMBERLIN plc
("Chamberlin" or "the Company")
Wins
"Most Improved Supplier" Award
at
IHI Charging Systems International Conference
Chamberlin, the specialist castings and engineering group, is
pleased to announce that its flagship foundry at Walsall was
awarded "Most Improved Supplier" at a recent supplier conference
held in Germany by IHI Charging Systems International, the provider
of charging systems in the European turbocharger sector.
The award recognised Chamberlin's promotion to Category "A"
supplier and makes the Company one of only two suppliers to IHI
Europe Ltd ("IHI Europe") to hold this top supplier status. The
re-categorisation is significant because it means that Chamberlin
will now be automatically included in quoting for all future
bearing housing opportunities in addition to supporting IHI
Europe's technical requirements for the foreseeable future.
Currently, Chamberlin's Walsall operations supply over 1.6m
parts to IHI Europe, worth approximately GBP7m per annum. The level
of enquiries from IHI Europe has been increasing steadily as the
foundry has improved its performance and now stands at an all-time
high.
Kevin Nolan, Chief Executive of Chamberlin, commenting on the
award said:
"We are delighted to receive this award from one of our major
customers, IHI Europe. Our flagship foundry at Walsall has
successfully completed a period of significant transition as we
have upgraded and improved processes. Walsall's promotion to
Category "A" supplier to IHI Europe is significant, making the
foundry one of only two suppliers to hold this top status. It also
open up new opportunities, with Walsall now being automatically
eligible for tending on all future bearing housing
opportunities.
Our recent initiative to develop Walsall's machining capability
will support the foundry's ongoing growth and we look forward to
building our existing strong relationship with IHI Europe."
Enquiries:
Chamberlin plc (www.chamberlin.co.uk) T: 01922 707100
Kevin Nolan, Chief Executive
David Roberts, Finance
Director
Panmure Gordon (UK) Limited T: 020 7886 2500
(Nominated Adviser and
Broker)
Adam James, Peter Steel
KTZ Communications T: 020 3178 6378
Katie Tzouliadis, Viktoria
Langley, Emma Pearson
This information is provided by RNS
The company news service from the London Stock Exchange
END
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