Carr'S Milling Plans Pounds 2.5m Move Into Us

Summary


CARR'S Milling is poised to invest pounds 2.5m in an animal feed plant in the US as it shrugs off a difficult year where the volatile fertiliser market led to a 45% plunge in annual profits.

The Carlisle group, which has intereKaren Dent sts ranging from agriculture to food and engineering, said fertiliser - the previous year's 'star performer' - dragged pre-tax profits down to pounds 7m from pounds 12.9m in 2008. Both the selling price and the volumes sold reduced.

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Extract


Carr'S Milling Plans Pounds 2.5m Move Into Us

The profits, for the year to August 29, were still more than a quarter higher than 2007's pounds 5.5m. But ...

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