PRODUCTION AIM
500 TYRES A DAY AUCKLAND COMPANY (P.A ) AUCKLAND, Aug. 25. A statement that his company had set itself a normal production programme of 500 tyres a day, as well as the necessarv quantity of tubes, was made by Mr 6. C. W. Reid, managing director of Reid (New Zealand) Rubber Mills, Limited, when discussing the licenses which had been granted to the . three companies for the manufacture of tyres in New Zealand. Mr. Reid will leave New Zealand very soon to purchase the necessary plant and equipment and to make ■other arrangements to . establish the factory on a sound footing. Mr. Reid said the receipt of the license would mean a very considerable expansion in the company's business and ultimately an increase in its capital. The company proposed to build a tyre factory on its existing property at Ellerslie, where it was also expected to transfer the present Penrose plant next year. “We have an arrangement with the B. F. Goodrich Company of America, one of the largest tyre and general ruber goods manufacturers in the world, for the supply of the technical clata, assistance in purchase, and the installation of the tyre and tube manufacturing plant and also expert supervision in the training of . New Zealand operatives,” said Mr. Reid.
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Bibliographic details
Gisborne Herald, Volume LXXII, Issue 21801, 25 August 1945, Page 4
Word Count
213PRODUCTION AIM Gisborne Herald, Volume LXXII, Issue 21801, 25 August 1945, Page 4
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