Airborne Industries
Maker of air-sea rescue and survival equipment, of Leigh on Sea, Essex
1964 88 percent of the shares were acquired by Lambert Close Holdings and Close Brothers; the company owned[1]:
- Lea Bridge Industries
- Airborne Service Equipment
- Airborne Upholstery
- Mayday Equipment
- Eastwood Plastics
- L. B. Footwear
- Multigrip
1964 Public offer of shares planned. Two further acquisitions were planned of makers of ladies footwear, Armos Shoes and Lindi Shoes[2], making footwear half of the interest of the group[3]
1965 Proposed use of balloons for lifting trees from Canadian timber operations[4]. Made several prototype inflatable buildings designed by M. L. Aviation[5]
1966 Shoe manufacture continued to be a problem due to cost of raw materials; the balloon entreprise had progressed well and a joint company might be formed with the weavers Carrington and Dewhurst[6]
1967 With the success of the balloon logging in Canada, a joint venture Carrington Airborne Developments was formed with Carrington and Dewhurst [7]
1968 Set up an R&D organisation to develop new opportunities for the businesses[8]
1969 Downturn in profits
1970 No dividend paid; Armos Shoes would be closed[9]. Taken over by Kennedy, Duff, Savage[10]