MOVING HUGE FACTORY.

New Zealand Herald, Volume LXIII, Issue 19412, 21 August 1926, Page 2 (Supplement)

MOVING HUGE FACTORY.

FROM RHINE TO RUSSIA. A £6,000,000 DEAL. An extraordinary—perhaps a uniquepiece of business has practically been completed between the Ukranian Government and Rhein-Metall Locomotive Manufacturing Company, of Dusseldorf. It concerns nothing less than the transportation of that large and important factory—all except the bare walls—from the banks of the Rhine to Kharkov, in Southern Bussia. " The Rhein-Metall Company is one of the largest of its kind in Germany. It has a capital of 18 million marks.' Its machinery was brought up-to-date on a most lavish scale during the inflation period. Since then it has, like all other German locomotive factories, been standing practically idle. An opportunity to dispose of this wellequipped but 'non-going concern was therefore welcomed by the, company. It is said the price to be paid is about £6,000,000. Numbers of the company's staff of engineers and workers .will go. to Russia with the factory—the distance is about as far as from Newcastle-on-Tyne to Naples.