| 释义 |
- Timeline of acquisitions, mergers, sales and closures
- Chairmen
- Notable salvage operations
- References
{{redirect|Metal Industries|other uses of "Metal Industries"|Metal Industries (disambiguation)}}Metal Industries, Limited was a conglomerate of mostly British engineering companies. It was founded in Glasgow in 1922[1] by Robert Watson McCrone.[2] In 1953 its activities were described as "electrical and mechanical engineering manufacture and metal trading"[3] In 1967, Aberdare Holdings of South Wales acquired a controlling interest in the group, [4] but was quickly thwarted when M.I. created a large tranche of new shares which it sold to Thorn Electrical Industries, giving Thorn overall control of the company.[5] The City Panel on Takeovers and Mergers referred to "abuses and inequities" that occurred during this chaotic takeover, among others at the time, but declined to recommend tougher regulations.[6]A good history of the company's shipbreaking activities was published by the World Ship Society in 1992 in Ian Buxton's "Metal Industries: Shipbreaking at Rosyth and Charlestown". The subsidiary companies continued to trade as the 'Metal Industries' group of Thorn until 1970, [7] when it merged with the George Cohen 600 group to become Six Hundred Metal Holdings.[8] In 1976, Thorn sold its interest in the group to the government-owned British Steel Corporation.[9] Timeline of acquisitions, mergers, sales and closures - 1922: Formed as Alloa Shipbreaking Co., Rosyth & Charlestown[10][11]
- 1932: Sale of oxygen business to British Oxygen Company[12]
- 1935: Metal Industries, Limited converted to public company[12]
- 1940: Acquisition of Electrical Switchgear and Associated Industries Ltd.[13] and its subsidiary Brookhirst Switchgear Ltd., Chester
- 1941: Sentinel Waggon Works (1936) Limited [14]
- 1942: Igranic Electric Co., Bedford [15]
- 1945: Sentinel Waggon Works renamed to Sentinel (Shrewsbury) Limited
- 1946: Reorganisation: Metal Industries (Electrical Group) Limited set up to organise all electrical business; Metal Industries (Salvage) Ltd., Faslane, to take over salvage business; Sentinel (Shrewsbury) Limited to run engineering business; Metal Industries, Ltd. to become holding company[16]
- 1947: Ferrous Light Castings, Warrington (completion of acquisition)
- 1948: Fawcett Preston & Co. Ltd., Bromborough (founded 1758)
- 1948: Cantle Switches Ltd. (closed 1958)
- 1949: John Allan & Co. (Glenpark) Ltd. (est. 1898)
- 1949: Cox and Danks Ltd.[17] (see Ernest Cox)
- 1952[18] or earlier: Hughes Bolckow Shipbreaking Company Limited, Blyth
- 1955: Formation of Metind Limited
- 1955: Acquisition of resistor business from the Rheostatic Company[19]
- 1955: Acquisition of Finney Presses Ltd.
- 1956: Sale of Sentinel (Shrewsbury) Limited to Rolls-Royce
- 1957 or earlier: Shipbreaking Industries Limited
- 1957: Closure of Metind Limited
- 1959: Merger of Igranic with Brookhirst
- 1958: Merger of Finney Presses Limited, Birmingham with Fawcett Preston
- 1958: Sale of British Oxygen Company Limited
- 1958: Farmer Brothers (Shifnal) Limited
- 1959: Avo Ltd. and subsidiary Taylor Electrical Instruments Limited
- 1959: Olaer France S.A., Paris
- 1959: Towler Brothers (Patents) Limited
- May 1959: International Rectifier Co. (Great Britain) Limited, at Oxted, Surrey, joint-owned with International Rectifier of California[20]
- 1960: Lancashire Dynamo Group, including:
- Lancashire Dynamo Nevelin, Oxted
- Lancashire Dynamo & Crypto, Trafford Park (sold to A.E.I., 1967)
- Lancashire Dynamo Electronic Products
- Foster Transformers, Wimbledon & Leatherhead
- J. G. Statter & Co., Amersham
- 1961 or earlier: New Eagle Foundry, Birmingham[21]
- 1961 or earlier: Cable Jointers, Crypton Equipment, Dynamo & Motor Repairs, Minerva Mouldings
- 1961 or earlier: Metal Industries (Europe) S.A.
- 1961: Closure of Metal Industries (Salvage) Limited[22]
- 1963: M.I. (South Africa) (Pty.), renamed from Brookhirst Igranic South Africa (Pty.)
- 1963 or earlier: Dominion M.I. Limited, Montreal
- 1964 or earlier: Mattel-Marden Limited (joint owned)
- 1964: Acquisition of 50% of International Rectifier Corporation Italiana S.p.A.[23]
- 1965: Acquisition of 50% of International Rectifier Europe S.A.[24]
- 1966: Industrial Automation Controls Ltd.[25] (set up to coordinate Brookhirst Igranic and Lancashire Dynamo Electronic Products)
- 1966: Disposal of Fawcett Preston[26]
- Aug 1967: Acquired by Thorn[27]
- 1970: Merged into Six Hundred Metal Holdings
Chairmen - 1922-1951: J Donald Pollock
- 1952-1955: Robert Watson McCrone
- 1955: J S Hutchison
- 1956-1964: Charles Westlake[28]
- 1965-? Alexander I. McKenzie
Notable salvage operations - 1934: {{SMS|Bayern}}, Scapa Flow[29]
- 1935: {{SMS|König Albert}}, Scapa Flow[30]
- 1936: {{SMS|Kaiserin}}, Scapa Flow[31]
- 1937: {{SMS|Friedrich der Grosse|1911|6}}, Scapa Flow[32]
- 1938: {{SMS|Grosser Kurfürst|1913|6}}, Scapa Flow[33]
- 1939: {{SMS|Derfflinger}}, Scapa Flow[34]
- 1947: {{HMS|Iron Duke|1912|6}}, Scapa Flow[35]
- 1952: {{SS|Oljaren}}, Pentland Firth[36]
- 1952: {{SS|Margareta}}, Ailsa Craig[37]
- 1957: Lona, Hull[38]
- 1957: Suez Canal[38]
References 1. ^"Company Meeting", The Times, Sept 13, 1951, p.8
2. ^"Obituary: Robert Watson McCrone", The Times, Apr 10, 1982, p.10
3. ^Classified Advertisement, The Times, November 12 1953, p.2
4. ^The Times, July 13, 1967, p.19
5. ^The Times, July 17, 1967, p.17
6. ^"City panel rejects need for market supervision", The Times, Jan 29, 1975, p.21
7. ^"Thorn" (advertisement), The Times, Aug 11, 1970, p.18
8. ^"Metal pair-up by '600' and Thorn", The Times, Apr 14, 1970, p.29
9. ^"BSC pay £3.75m for one-third interest in scrap processor", The Times, Jul7 31, 1976, p.19
10. ^Frank C Bowen, "The Shipbreaking Industry", naval-history.net, accessed 2012-04-11
11. ^"Metal Industries", Grace's Guide, accessed 2012-04-11
12. ^1 {{Cite newspaper |title=City Notes |newspaper=The Times |date=July 29, 1935 |page=18}}
13. ^"City News in Brief", The Times, May 18, 1940, p.10
14. ^"Company Results", The Times, Dec 12, 1941, p.9
15. ^"City News in Brief", The Times, Apr 14, 1941, p.7
16. ^"Company Meetings", The Times, Sept 20, 1946, p.9
17. ^"Company Meetings", The Times, Aug 31, 1949, p.9
18. ^"Company Meetings", The Times, Sept 4, 1952, p.7
19. ^"Metal Industries expansion", The Times, Jan 21, 1955, p.12
20. ^"Metal Industries Limited" (advertisement), The Times, Aug 16, 1960, p.13
21. ^"Business Changes", The Times, Jan 27, 1961
22. ^Chairman's statement (advertisement), The Times, Aug 2, 1961, p.15
23. ^"M.I. drive in Europe", The Times, Jan 24, 1964, p.20
24. ^"Metal Ind. expands in Europe", The Times, July 2, 1965, p.23
25. ^The Times, Sep 23, 1966, p.19
26. ^Chairman's statement (advertisement), The Times, Aug 16, 1966, p.13
27. ^"A year of unprecedented growth" (Thorn advertisement), The Times, Aug 13, 1968, p.17
28. ^The Times, Aug 18, 1964, p.14
29. ^"A Salvage Feat", The Times, Sept 3, 1934, p.12
30. ^Share prospectus, The Times, July 29, 1935, p.19
31. ^"German dreadnought raised", The Times, May 15, 1936, p.9
32. ^"Scuttled battleship raised", The Times, May 1, 1937, p.13
33. ^"Grosser Kurfurst raised", The Times, Apr 27, 1938, p.20
34. ^"Derfflinger salved at Scapa Flow", The Times, July 25, 1939, p.9
35. ^Share prospectus, The Times, Apr 9, 1947, p.9
36. ^"Company Meetings", The Times, Sept 4, 1952, p.7
37. ^"Hope of salving Finnish ship", The Times, Dec 27, 1952, p.2
38. ^1 "Company Meetings", The Times, July 11, 1957, p.17
2 : Engineering companies of the United Kingdom|Ship breaking |