LOCOMOTIVE BUILDING.
BRITISH INDUSTRY IN BAD WAY
(BY TELEGRAPH PRESS ASSOCIATION.) WELLINGTON, April 20, Air G. S. Lynde, who was recently appointed Chief Mechanical Engineer for the Railways Department, arrived by the Ruahine from .Southampton on Saturday. In tile course of an. interview, he stated that the English locomotive building industry had been at very low ebb for the last two years or more, and contractors and employers were in a very\ bad way through lack of orders from the coionies, India and South America. Firms which used to turn out from 700 to-800 locomotives a year, were now on part time, with threequarters of their factories closed down. The question with many contractors was not how much profit they could make, but how little they could lose on their working; while with some, the question was whether it would not be better to close down altogether and wait until conditions improve, or keep going to a limited extent. It seemed, however, that things were taking a turn for the better, and an improvement in the industry was resulting.
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Hawera Star, Volume XLV, 21 April 1925, Page 5
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179LOCOMOTIVE BUILDING. Hawera Star, Volume XLV, 21 April 1925, Page 5
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