1500 ploughs for Iran

Press, Volume CXIV, Issue 33527, 7 May 1974, Page 3

1500 ploughs for Iran

(W.Z. Press Association) i TLMARU, May 6. ! W. R. Clough and Sons, Ltd, agricultural machinery manufacturer, which has factories in Timaru and Shannon, has won an order from Iran for 1500 ploughs, to be delivered by June next year. . The company received itsi first, order from Iran for 500' ploughs la,st year, and the' last 200 of these will be shipped by next month. The new order is worth more than §400,000. In the 1975-76 year the number of ploughs is expected to reach 3000. Iran was only one. of many countries to which Clough ploughs were exported, said the managing director (Mr G. Clough) in Timaru today. Mr Clough’s brother, Mr K. Clough, the general manager of the company, will return to New Zealand on May 18 after spending seven weeks visiting countries to which the company exports, and following up inquiries from various parts of the world. ! To meet the demands of a § buoyant domestic market i and’the rapid increase in export sales, which would be more than slm a year by 1978-79, the company had begun an expansion programme of plant and machinery for both its fac-

Itories, costing $500,000, said s I Mr Clough. I “The company acknow-. Hedges the Government’s; assistance through the Development Finance Corpo- ’ ration, the Department of 1 ■ Trade and Industry, and : trade commissioners’ offices . 1 in many parts of the world, ’’ j Mr Clough said. The company was estab-; lished by the late Mr W. R. Clough, father of the present;

I joint owners. It has built up la solid market in Australia, ■and ships about 500 ploughs ;;a year across the Tasman. Smaller orders have been re- ■ ceived from Taiwan. The plough exports were (described by Mr Clough as '"a new and exciting development” that had produced more than $200,000 in the (last financial year, and could (well top $500,000. over the inext two years.