Alumasc, a building and engineering products company, has said its profit recovery plan is now well under way, following serious difficulties with the group's Alumasc Precision Components (APC) operation.
The recovery plan has been built around the appointment of a new divisional Managing Director, with a career of relevant industry experience, supported by a strengthening of senior management, including finance. A new APC board structure has been put in place, with specialist non-executive representation.
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