Associated British Engineering
From Graces Guide
Associated British Engineering
- 1939 Formed from the Petters Company after sale of its manufacturing interests. Essentially a holding company with aim of consolidating the oil-engine industry. Large shareholdings in Brush and [1].
- 1945 Capt R. C. Petter resigned from the board[2]
- 1949 Two of the directors, who were also directors of Brush, would join the board of Henry Meadows Ltd of Wolverhampton. Brush to have the option of acquiring at cost any shares acquired as a result of this liaison by Associated British Engineering. Henry Meadows had one of the most modern engine factories in the country. This arrangement would enable Meadows to produce for Brush a range of diesel engines that Brush had designed, as well as the supply of gear-boxes to Brush for use with their diesel engines, meeting a large proportion of Brush's needs for gear-boxes from one source [3].
See Also
Sources of Information
- [1] Wikipedia