AIRCRAFT FACTORY
SYNDICATE FORMED IN AUSTRALIA NOMINAL CAPITAL OF £1,000,000 (United Press Association— By Electric Telegraph—Copyright) CANBERRA, 18th June. At the invitation of the Commonwealth Government, a syndicate lias been formed to float a company with a nominal capital of £1,000,000 for manufacturing • aircraft and aero engines in Australia. The Prime Minister, Mr J. A. Lyons, stated to-night that the , sydnicate includes the Broken Hill Proprietary Limited, Broken Hill Associated Smelters Limited, and • General Motors-Holdcn’s. The factory .will be equipped with the most modern plant.
The Minister for Defence, Mr R. A. Parkhill, in a broadcast address on Wednesday on “Australia’s Aerial Defences,” said at present it was difficult to obtain the delivery of orders for aeroplanes placed in Britain. In a time of emergency, the possibility of getting aircraft from Britain would be almost negligible. It was the Government’s aim therefore, to establish an aircraft industry in Australia, and action had been taken to achieve that result in the near future.
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Nelson Evening Mail, Volume LXX, 19 June 1936, Page 5
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162AIRCRAFT FACTORY Nelson Evening Mail, Volume LXX, 19 June 1936, Page 5
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