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Revision as of 09:22, 14 February 2025
1982 Tube Investments changed its name to TI Group plc[1]
1982 The company was heavily in debt but the main cause of concern was the holding in British Aluminium Co through T. I. Aluminium[2]
1985 FKI Electricals acquired 4 TI transport equipment companies: TI Crypton, TI Bradbury, TI Transervice, TI Transport Equipment[3]
1986 Under a new chief executive, the company's strategy became one of concentrating on specialized engineering activities; the businesses producing domestic appliances and low margin goods were to be sold[4]
1986 Sold Russell Hobbs and Tower Housewares to Polly Peck[5]
1987 Strategic redirection continued. Sold the home heating division, Glow Worm Boilers and Parkray, to Hepworth Ceramic Holdings[6]
1987 Raleigh was sold. Creda was sold to the GEC Group. The New World division was sold to Birmid Qualcast; New World was the largest cooker maker in Britain[7]
1988 Acquired Thermal Scientific. TI kept the vacuum equipment and thermal processing activities but disposed of everything else. It was expected that these would fit with TI's Ipsen Abar subsidiary.[8]
1988 Acquired Bundy Corporation of USA[9]
1988 TI sold the TI Bainbridge Silencers and TI Cheswick, which had strong presence in the European silencer market but not in USA or elsewhere, to Arvin Industries of USA[10]
1992 Dowty Group was purchased.
1996 Sold 3 small subsidiary companies, TI Desford Tubes, TI Matrix Engineering and Hollow Extrusions, to Hay Hall Group[11]; Accles and Pollock was also sold to Hay Hall Group.
1998 Sold the Thermal Processing Group to Bodycote[12]
1999 Creation of TI Group Automotive Systems
2000 TI Group merged with Smiths Industries to become the Smiths Group.
See Also
- 1993 Key British Enterprises
- Accles and Pollock
- Bodycote
- Bundy Corporation
- Bundy International
- C. F. Taylor
- Cheswick UK
- Crane Packing
- Dowty Aerospace
- Dowty Group
- Flexibox
- Flexibox International
- Glow Worm Boilers
- Greville S. Maginness
- Hay Hall Group
- Hollow Extrusions
- John Crane
- New World
- S. Smith and Sons (England)
- Smiths Aerospace
- Smiths Group
- TI-Nihon UK
- TI Automotive
- TI Bainbridge Silencers
- TI Cheswick
- TI Cheswick Silencers
- TI Desford Tubes
- TI Domestic Appliances
- TI Hollow Extrusions
- TI Machine Tools
- TI Reynolds 531
- TI Reynolds Rings
- TI Transervice
- TI Transport Equipment
- TI Tubes
- The Engineer 1946 Jan-Jun: Index
- Thermal Scientific
- Tube Investments
- Ultra Electronics
Sources of Information
- ↑ The Times, Mar 11, 1982
- ↑ The Times, Jul 29, 1982
- ↑ The Times, Nov 13, 1985
- ↑ The Times, March 10, 1989
- ↑ The Times, December 12, 1986
- ↑ The Times, April 02, 1987
- ↑ The Times, May 23, 1987
- ↑ The Times, September 20, 1988
- ↑ TI Automotive [1]
- ↑ The Times Dec. 6, 1988
- ↑ The Times February 01, 1996
- ↑ The Times Feb. 7, 1998