PrimAcq takes control
PrimAcq Holdings has acquired a controlling interest in Clark Automotive Development, PrimAcq said in a statement.
This company was involved in the research and development of a new electric motor and alternator technology. “We regard the technology as having considerable significance to the electric motor and alternator market. The technology has applications in many areas including variable speed drives and alternators for the automotive industry,” the directors said.
Patents had been applied for
Discussions were being held with companies about commercial prospects of the technology. However, no agreements had been secured.
“The company believes that the developments are important, but is aware of the considerable difficulties in successfully commercialising any new technology,” they said.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19880913.2.92.31
Bibliographic details
Press, 13 September 1988, Page 26
Word Count
117PrimAcq takes control Press, 13 September 1988, Page 26
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in