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IBC Advanced Alloys Reports Financial Results for the Year and Quarter Ended June 30, 2021

“Revenue continues to strengthen across both divisions, as demand grows for products made by both our Copper Alloy and Engineered Materials divisions,” said IBC CEO and Chairman Mark A. Smith. “Demand from the semiconductor equipment manufacturing industry for our precision cast beryllium-aluminum products continues to rise, and we see that as a relatively long-term trend. On the Copper Alloys side of the business, we very much look forward to seeing our new casting facility come online and ramp up production in 2022, which will allow us to expand production capacity, lower unit costs of production, and potentially expand into new markets.” Read More

from Financial Post https://ift.tt/3vRubxN
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