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(AMM) Brush narrows sales outlook despite stronger 2d quarter

July 30, 2010 - 22:39 GMT Location: NEW YORK

KEYWORDS: Brush Engineered Materials , specialty alloy , beryllium , beryllium copper

Brush Engineered Materials Inc. has narrowed its sales outlook for the full year, even as it reported higher second-quarter sales across all business segments.

The Mayfield Heights, Ohio-based specialty alloy producer recast its full-year sales target to a range of $1.22 billion to $1.26 billion from a forecast three months ago of $1.2 billion to $1.3 billion.

"Although I continue to remain cautious about the latter months of the year due to the uncertainty of the sustainability of the global economic recovery, I am encouraged by our sales growth, our margin improvements and solid order book," Brush's chairman,...

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