Difference between revisions of "Beans Industries"
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General Engineers, of Tipton, Staffordshire | General Engineers, of Tipton, Staffordshire | ||
1933 Private company formed to supply components to the motor industry | 1933 Private company, owned by [[Hadfields]], formed to acquire the fixed assets and stocks of [[Beans Cars]] Ltd; the company would supply components to the motor industry<ref> The Times, Mar 20, 1934</ref>, especially crankcases and gearboxes; later concentrated on remanufacturing engines<ref>The Times, July 17, 1992</ref>. | ||
1937 Became public company. [[Victor Riley]] was Chairman. | 1937 Became public company. [[Victor Riley]] was Chairman. |
Revision as of 12:10, 7 February 2014
General Engineers, of Tipton, Staffordshire
1933 Private company, owned by Hadfields, formed to acquire the fixed assets and stocks of Beans Cars Ltd; the company would supply components to the motor industry[1], especially crankcases and gearboxes; later concentrated on remanufacturing engines[2].
1937 Became public company. Victor Riley was Chairman.
1940 Record output[3]; 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[4]
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[5].
1988 Management buyout from Rover with investment from 3i; 300 employees[6].
1992 Beans Engineering acquired Reliant, one of its largest customers, from the receivers[7].
1994 Went into receivership due to debts within some of its subsidiaries; the receiver planned to sell Reliant[8].