John Brown Engineering
From Graces Guide
of Clydebank
1966 John Brown and Co, shipbuilders, separated the engineering works from the shipyard by the creation of a new company.
1967 John Brown and Co, shipbuilders, established the company as a wholly-owned subsidiary[1]. The company specialised in building marine steam turbines; licenced the right to sell and manufacture Stal-Laval AP turbines from Stal-Laval Turbin AB
1978 Was one of the two divisions which together made two-thirds of the profits of the John Brown Group[2]
1985 Refinancing deal arrange to rescue the John Brown Engineering company; Trafalgar House contributed 29.9 percent.
1986 Agreed take-over of the engineering company by Trafalgar House[3]
1994 One of four main businesses in Trafalgar House[4]
See Also
Loading...
Sources of Information
- ↑ The Times, Jun 01, 1967
- ↑ The Times, Jan 28, 1978
- ↑ The Times, May 08, 1986
- ↑ CIO 1994/05/15 p56