Associated British Engineering

Associated British Engineering

• 1939 Formed from the Petters Company after sale of its manufacturing interests. Petters had become a holding company with most of its income derived from its shares in Brush and its other investments. Name changed to Associated British Engineering; aim of the company to achieve consolidation of the oil-engine industry.

• 1945 Capt R. C. Petter resigned from the board

• 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 .

• 1950 Took over Hopkinson Electric CoLtd of Cardiff, manufacturer of small electric motors. Agreed sale to Brush to enable Brush to expand production.

• 1950 Acquired shares in Heenan and Froude Ltd of Worcester from Brush in exchange for £200,000 cash.

Sources of Information

• [1] Wikipedia