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Lord Swraj Paul's group company completes capital investment in the US

A Caparo group company has completed major capital investment projects at its two largest tubular facilities in Elkhart and Trenton in the US.

The Bull Moose Tube company(BMT), a Caparo Bull Moose subsidiary, has said that the upgrades will enhance product quality, increase production efficiency and reliability, and add operational flexibility.


Caparo group is a diversified global association of businesses, with interests in the design, manufacture, marketing and distribution of value-added steel and niche engineering products.

It was founded in 1968 by Indian-born British Industrialist Lord Swraj Paul.

The new projects involved leading edge upgrades to the drive and automation control system, installation of a new induction unit, upgrades to the sizing section of the mill with state-of-the-art quality assurance capabilities, and upgraded cutoff quality and length accuracy, a statement from the company said.

"Our continued focused investments, capable leadership and skilled workforce is a winning combination that will solidify our position as a leading manufacturer and supplier of premier pipe & tube products in North America," said Lord Paul.

Tom Modrowski, president and CEO of BMT, said: "The investments in our facilities are part of our strategy to build a sustainable portfolio of assets across the Company's operational footprint. It reflects our enduring commitment to innovation, high quality, and superior customer service."

The BMT is based in Chesterfield, Missouri and operates from seven plants – six in the US and one in Canada.

It offers one of the largest ranges of welded steel tubing in North America.

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  • Former Conservative Party treasurer Malik Karim takes home £8.6m from Fenchurch's £24.4m profit pool.
  • London-based financial advisory firm's revenues climb to £74.3m, up from £61.5m previous year.
  • Ugandan-born banker fled to Britain in 1972 during Idi Amin's expulsion of south Asian population.

A prolific City dealmaker whose family fled Uganda during Idi Amin's regime has taken home more than £8 m this year after his investment bank capitalised on a boom in financial services takeovers.

Malik Karim, 64, received £8.6 m from the profit pool at Fenchurch Advisory Partners, the London-based firm he founded in 2003.

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