TYRE MANUFACTURE

Otago Daily Times, Issue 26176, 12 June 1946, Page 8

TYRE MANUFACTURE

REID COMPANY’S PLANS

IMPORTANCE .OF PLANT

(P.A.) AUCKLAND, June 11. An announcement that Reid (New Zealand) Rubber Mills, Ltd., has placed firm orders overseas which should result in the delivery of a very fine plant for the manufacture of rubber tyres within a reasonable period is made by ► the chairman of the company, Mr A. M. Seaman, in a memorandum to shareholders. These orders were the outcome of a business trip by Mr G. C. W. Reid, managing director, who went . abroad towards the end of last year. Mr Seaman said that as a result of the disturbed post-war conditions it would prove to be . somewhat more costly and would take somewhat longer than had been expected to equip the factory. The greater part of the plant would be coming from 1 Great Britain, and of the rest the-major parthad been ordered within -the British - Empire. . Some of the company’s, requirements were being obtained in the ' United States, but that was mainly • special plant peculiar to the processes . that would be used in the company s association with the B. F. Goodrich < Company. Building permits had been granted for the tyre factory buildings, Mr Seaman added, and these should be ready in time for the installation of the manufacturing plant on its arrival.