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1897 April. Prospectus to raise £250,000. Directors are Joseph M. Meade (Chairman of the Hibernian Bank), Thomas A. Dickson (of the Boyne Weaving Co, Howard Grubb (Vice-president of the Royal Dublin Society) and E. J. Pennington (inventor of the Pennington Motor, War Machine, and self-propelled Fire Engine). Factory to be built near Dublin. Long description and list of Pennington's patent. 
1897 October. In receivership 
1897. Pennington in Dublin 
DUBLIN is greatly concerned at the prospect of that city being made one of the leading centres for motor-car building. The Dublin papers state that Mr. Pennington has arrived with the object of extending his manufacturing business in Ireland. His motors are to be seen running around Stephen's Green at the rate of 12 miles an hour, and not in the slightest degree interfering with the public traffic. This is evidently only the beginning of the introduction of a number of similar machines.
Already arrangements have been made for the adoption of auto-cars to carry passengers and to make a connection between railway termini and the steamboat lines in different parts of Ireland. A company has been organised to erect in Dublin an immense manufacturing place for the purpose of building cars, and will be known as "The Irish Motor-Car and Cycle Company (Limited)." This factory is to be run on American lines for the manufacture of motorcars, cycles, &c. Mr. Pennington is at the present moment considering a number of sites for the purpose, and his mind will be made up in the course of a few days. He wants a site with acreage sufficient for the establishment of a huge series of workshops, with plenty of space for future extensions. The necessary tools, lathes, &c., for the works are now on their way to Ireland from America.
The first factory will employ 2,000 hands, who will be chosen from amongst the skilled and unskilled workers of Ireland and placed under trained Americans, who will act as managers of departments. They will start the concern with orders in hand for cars, &c., to the value of £140,000. When the motor-car business extends, as it must extend as surely as night follows day, an industry will exist in Ireland second only to the great brewery of the Guinness firm.