Difference between revisions of "Beans Industries"
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[[image:Im1954CMS-Beans.jpg|thumb| September 1954. ]] | [[image:Im1954CMS-Beans.jpg|thumb| September 1954. ]] | ||
of Tipton, Staffordshire | General Engineers, of Tipton, Staffordshire | ||
1933 Private company formed to supply components to the motor industry;, especially crankcases and gearboxes; later concentrated on remanufacturing engines<ref>The Times, July 17, 1992</ref>. | |||
1937 Became public company. [[Victor Riley]] was Chairman. | |||
1940 Record output<ref>The Times, Mar 05, 1940</ref>; seems to have been a public company at this time | |||
1961 General engineers and iron founders for the motor and engineering trades. 2,00 employees | |||
By 1969 was a subsidiary of [[British Leyland]]<ref>The Times, May 31, 1969</ref> | |||
At some point the company was renamed '''Beans Engineering'''. | |||
1972 '''BL''' transferred its marine engine work to '''Beans''', which had 1000 employees at Tipton sites<ref>The Times, Nov 30, 1972</ref>. | |||
1988 Management buyout from [[Rover]] with investment from '''3i'''; 300 employees<ref>The Times, March 02, 1988</ref>. | |||
1992 Beans Engineering acquired [[Reliant]], one of its largest customers, from the receivers<ref>The Times, July 17, 1992</ref>. | |||
1994 Went into receivership due to debts within some of its subsidiaries; the receiver planned to sell [[Reliant]]<ref>The Times, January 16, 1995</ref>. | |||
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{{DEFAULTSORT: }} | {{DEFAULTSORT: }} | ||
[[Category: Town - Tipton]] | [[Category: Town - Tipton]] | ||
[[Category: Automotive Components]] | |||
Revision as of 16:28, 26 December 2012
General Engineers, of Tipton, Staffordshire
1933 Private company formed to supply components to the motor industry;, especially crankcases and gearboxes; later concentrated on remanufacturing engines[1].
1937 Became public company. Victor Riley was Chairman.
1940 Record output[2]; seems to have been a public company at this time
1961 General engineers and iron founders for the motor and engineering trades. 2,00 employees
By 1969 was a subsidiary of British Leyland[3]
At some point the company was renamed Beans Engineering.
1972 BL transferred its marine engine work to Beans, which had 1000 employees at Tipton sites[4].
1988 Management buyout from Rover with investment from 3i; 300 employees[5].
1992 Beans Engineering acquired Reliant, one of its largest customers, from the receivers[6].
1994 Went into receivership due to debts within some of its subsidiaries; the receiver planned to sell Reliant[7].