- Tube manipulation specialist Tricorn Group said that it had extended its capabilities and facilities in the US.

The company said it had bought a powder coat and wet spray painting line for $50k from Precision Partners, 'originally believed to have cost in excess of $500k'.

It was located in premises in Rabun Gap, Georgia, about 12 miles from Tricorn's facility in Franklin, North Carolina.

The facility and associated paint line provided Tricorn with the ability to pre-treat and paint its tubular assemblies in-house, rather than use a subcontractor.

They were expected to be fully operational by the end of July.

At 10:01am: [LON:TCN] Tricorn Group PLC share price was +1p at 18p

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