Latest News
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Holroyd Precision Technologies is one of 50 companies and partnerships set to benefit from provisional grants allocated in the first round of the £1.4bn Regional Growth Fund. The £450million invested in the first round will be accompanied by significant investment from the private sector.
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The board of Chongqing Machinery and Electric Co (CQME) has confirmed the acquisition of the subsidiary businesses of Precision Technologies Group.
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Precision Technologies Group (PTG) has sold its Holroyd and heavy machine tools businesses to Chinese machine tool maker Chongqing Machinery & Electric Company for £20 million, subject to approval by Beijing, expected in six weeks [UPDATED 19/03/10].
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