Grace's Guide

British Industrial History

Grace's Guide is the leading source of historical information on industry and manufacturing in Britain. This web publication contains 136,261 pages of information and 218,941 images on early companies, their products and the people who designed and built them.

British United Shoe Machinery Co

From Graces Guide

Jump to: navigation, search
1919.
1921. From Leicester Chamber of Commerce Year Book.
Compressor. No 15548.
Compressor. No 15548 (detail).
Leather punch.
Leather punch. Detail.
Sewing machine.
Sewing machine (detail).

of Leicester

1899 Company formed to acquire the business previously carried on in Britain by the United Shoe Machinery Co of Boston, USA, and that of Pearson and Bennion of Leicester. [1]. As a consequence the company was controlled by the American company

1899 Public company formed

Later acquired several other similar businesses including the English and American Shoe Machinery Co

As was common in the shoe-making trade, much of the equipment was borrowed from or leased from the makers, such as this company.

1914 Issue of debentures to provide working capital for expansion and pay off debts

1929 Death of Charles Bennion, chairman and managing director[2]

1930 Distribution of capital to the shareholders, the sixth time this had been done since 1918, testifying to the strength of the company[3]

1931 Acquired Gimson Shoe Machinery Co[4]

1961 Engaged in the manufacture of machinery, components and accessories for the boot and shoe industry and allied trades. 4,178 employees. [5]

By 1969 was a diversified group, BU Group, engaged in supplying many industries as well as the consumer market[6]

See Also

Loading...

Sources of Information

  1. The Times, Jul 08, 1914
  2. The Times Mar 23, 1929
  3. The Times, Jul 14, 1930
  4. The Times, Apr 13, 1932
  5. 1961 Dun and Bradstreet KBE
  6. The Times, May 02, 1969