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copper-investing

Luvata Copper Sales Will Grow 10% This Year on Asian Demand

Investing News Network
Aug. 22, 2011 03:14PM PST
Base Metals Investing

Bloomberg reports that Luvata, the maker of copper components for everything from solar panels to zippers, announces that it expects an almost 10 percent increase in sales this year.

Bloomberg reports that Luvata, the maker of copper components for everything from solar panels to zippers, announces that it expects an almost 10 percent increase in sales this year.

The market news is quoted as saying:

The company should sell about 335,500 metric tons of copper-based products, compared with 305,000 tons last year, John Peter Leesi, chief executive officer, said Aug. 18. That compares with 20 percent growth last year from 255,000 tons in 2009.

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