Bodycote signs outsourcing agreement with Doncasters Group
Bodycote, a provider of heat treatment and specialist thermal processing services, has entered into a long-term agreement to provide Doncasters Group with its hot isostatic pressing and heat treatment requirements in the UK.
Bodycote
581.00p
15:45 15/11/24
0.35%
2.00p
FTSE 250
20,508.75
15:45 15/11/24
n/a
n/a
FTSE 350
4,453.56
15:45 15/11/24
n/a
n/a
FTSE All-Share
4,411.85
15:45 15/11/24
n/a
n/a
Industrial Engineering
11,826.25
15:44 15/11/24
-0.36%
-43.28
As part of the agreement, Bodycote has acquired the thermal processing assets, including hot isostatic presses and vacuum furnaces, at Doncasters' site in Blaenavon, South Wales and the associated employees have transferred to the group.
Hot isostatic pressing is a form of heat treatment that uses high pressure to improve material properties.