British Library Contract
July 18 2006 - 2:56AM
UK Regulatory
RNS Number:3396G
Straight PLC
18 July 2006
FOR IMMEDIATE RELEASE
18 JULY 2006
Straight plc
("Straight" or the "Company")
Straight, the Leeds based supplier of environmental container solutions
announces that its Materials Handling Division has been awarded a major contract
by FKI Logistex - part of FKI plc - to provide specialist handling containers
for the new British Library facility. This is shortly to be built in Boston Spa,
West Yorkshire.
The new building, to be constructed by Allenbuild, will provide capacity for 7
million items from the UK national collection. FKI Logistex will design and
supply an automated storage and retrieval system for the facility and this will
use a bespoke container solution designed and supplied by Straight.
Straight has worked closely, as a subcontractor, with FKI Logistex and its
client over the past months in order to create this unique product to work with
the specialist load handling equipment to be installed in the British Library
building.
Production will commence early in 2007. Straight estimates that the contract is
worth #2.5 million in revenue over 2007 and 2008.
For further information please contact:
Straight plc
James Newman / Jonathan Straight 0113 245 2244
Simon Mountford Communications
Simon Mountford 01347 844844
Panmure Gordon & Co
Andrew Godber / Katherine Roe 020 7459 3600
This information is provided by RNS
The company news service from the London Stock Exchange
END
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