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July 8, 2009

Anchor Industries Sees A Soaring Business

ANCHOR Industries, the Cape Town-based supplier of marine and offshore mooring equipment as well as lifting and rigging equipment for general industry, has experienced soaring business during the past financial year ending in February.



MD Dale Hutcheson tells CBN turnover rose some 50% to R150 million, compared to the previous year. And although demand has cooled in line with the local and international economies during the past couple of months, he foresees an upturn again as from the third quarter of this year.

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Posted by StaffWriter at July 8, 2009 9:36 AM