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Precision Foundry owner explains receivership

Former Masport firm turned over about $15-18 million

Precision Foundry’s owner says jobs are likely to go as he expects receivers will not bother seeking for a buyer for the iron casting exporter. 

Paul Ayers, director of Challenge Partners, the investment firm which owns Precision Foundry, formerly known as Masport Foundries says the firm could

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Precision Foundry owner explains receivership
Business,
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