Fenner revenues on the rise

Engineering group Fenner said today that third-quarter revenue will be up on last year after seeing strong demand from the coal sector. The group, based in Hessle near Hull, said a recovery in industrial markets had helped it to grow its conveyor belting and advanced engineered products divisions. Earlier this month it announced that its subsidiary Enerka Apex Belting Pty had bought the gross assets of privately owned Statewide, based in Burnie, Tasmania, for £2.63m.