Carclo Technical Plastics signs framework agreement for medical diagnostic devices

Carclo plc's Carclo Technical Plastics division has signed a framework agreement with a major global OEM for the manufacture of complex medical diagnostic disposable devices. The agreement enables production contracts over ten years, with tooling contracts already awarded and capital investment planned for capacity. Full production volumes expected in second half of FY22, with incremental annual revenues of £10-15 million.

“We are delighted to have secured this Framework Agreement and look forward to working with our customer over the next decade.”investegate.co.uk

• 1 source
• investegate.co.ukInvestegate | Company AnnouncementInvestegateDec 23, 2020

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