Martin, Black and Co
Martin-Black plc, wire rope manufacturers, of Coatbridge.
1887 company formed (?)
1937 Martin, Black Ltd, of Speedwell Works, supplier of Tru-Lay Ropes[1]
1957 Juru Estates, listed on the Stock Exchange, acquired Martin, Black (Wire Ropes) and changed its name to Martin-Black Ltd[2]
Stock market listing acquired for Martin-Black (Wire Ropes) Ltd[3]
By 1981 subsidiary companies included:
- Juru Estates Ltd, 1926-1957
- Martin-Black Ltd, 1956-1981
- Martin, Black and Co (Wire Ropes) Ltd, 1933-1963
- Speedwell Wire Co Ltd, 1937-1962
- Frew Brothers and Co Ltd, 1923-1969
- Lustroid Ltd, 1945-1954
- Joseph Crawhall and Sons Ltd, 1931-1967
- Joseph Crawhall and Sons, 1887-1923
- Gyrac Products Ltd, 1966
- The Gourock Wire Rope Co Ltd, 1903, 1965
- The Scottish Wire Rope Co Ltd, 1923-1980
- John I. Hopper Ltd, 1894-1980
1965 Planned to build a plant in Canada which would use wire shipped from Scotland[4] and to double the capacity of the Indian plant[5]
1975 Rights issue, partly because of the need for extra funds due to the increased size of orders for the offshore oil industry[6]
1976 Queen's Award for Export[7]
1984 After several years of losses and sale of the Canadian subsidiary, Martin-Black ceased wire making operation in Glasgow and sold the wire businesses to Bridon; the remaining businesses were Ryeside Constructional and a 10 percent interest in an Indian company[8]
1985 Reverse take-over and renamed as Dean Park Hotel Group[9]
1986 Acquired by Queens Moat Houses[10]
See Also
Sources of Information
- Scottish Archive Network