Iron and Steel Investments: Difference between revisions
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1963 Purchased [[Bairds and Scottish Steel|Bairds and Scottish Steel]], [[John Baker and Bessemer]] and [[Skinningrove Iron Co]] from the Holding and Realization Agency. All 3 companies were working at much less than full capacity but the new owners had no plans for closure<ref>The Times, 17 January 1963</ref>. | 1963 Purchased [[Bairds and Scottish Steel|Bairds and Scottish Steel]], [[John Baker and Bessemer]] and [[Skinningrove Iron Co]] from the Holding and Realization Agency. All 3 companies were working at much less than full capacity but the new owners had no plans for closure<ref>The Times, 17 January 1963</ref>. | ||
The consortium bought the [[Scottish Iron and Steel Co]]<ref>The Times, 17 January 1963</ref>; the old Baird management withdrew. The company was no longer viable and it was closed it in 1967. | |||
==See Also== | ==See Also== | ||
Latest revision as of 17:30, 21 February 2025
Iron and Steel Investments Ltd, a consortium formed by the "major Steel firms" [1] especially for the purpose of purchasing 3 of the remaining nationalized steel companies.
1963 Purchased Bairds and Scottish Steel, John Baker and Bessemer and Skinningrove Iron Co from the Holding and Realization Agency. All 3 companies were working at much less than full capacity but the new owners had no plans for closure[2].
The consortium bought the Scottish Iron and Steel Co[3]; the old Baird management withdrew. The company was no longer viable and it was closed it in 1967.
See Also
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