A.M. Castle sees up to 15% rise in '12 sales as net jumps

Nov 02, 2011 | 09:44 AM | Corinna Petry

Tags  A.M. Castle & Co., Michaal Goldberg, aerospace market, oil and gas sector, aluminum heat-treat plate, aluminum sheet, aluminum extrusions, titanium nickel

CHICAGO — A.M. Castle & Co. is bullish on the aerospace, oil and gas, and general industrial sectors, forecasting revenue growth of 10 to 15 percent next year.

General manufacturing growth, aerospace build rates and drill rig counts should all remain in growth mode next year, based on what customers are saying, president and chief executive officer Michael Goldberg said.

However, "we remain cautious as sovereign debt issues cast clouds" across the European economy, he added.....





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