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Article: French step into UK auto supply. (includes related article on UK low cost auto parts)
- Article from:
- European Rubber Journal
- Article date:
- March 1, 1994
- Author:
CopyrightCOPYRIGHT 1994 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Hutchinson SA is taking advantage of the UK's low costs for rubber manufacturing and injecting capital and technology into the UK site
In January 1993, French rubber manufacturing conglomerate Hutchinson SA bought the UK automotive profiles maker Russells Rubber Co. Ltd, based in Telford, for pound6.75 million. This is Hutchinson's first venture into manufacture in the UK and it is now "gearing up to take advantage of moves in Europe to utilise the UK as a low cost base," said Andrew Ward, managing director of Hutchinson UK, as the Telford operation is now called.
Russells Rubber was suffering from stagnation and lack of investment and Ward knew that ...
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