GREAT MERGER PLAN.
HEAVY WOOLLEN INDUSTRIES. 'United Press Association—Copyright). LONDON, August 2. Preliminary negotiations for the first formation of a huge combine in the heavy woollen manufacturing districts of Dewsbury, Batley and Colne Valley, arc in progress. Thirty to 35 firms are involved. It is not a financial coup, but is designed to resuscitate the industry.
If the merger is realised it will be one of the biggest and most far-reach-ing in the history of the textile trade, and will result in the centralisation of plants, the standardisation "of charges, and the elimination of competition, price-cutting and Service,
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Bibliographic details
Ashburton Guardian, Volume 48, Issue 252, 3 August 1928, Page 5
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98GREAT MERGER PLAN. Ashburton Guardian, Volume 48, Issue 252, 3 August 1928, Page 5
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