Grace's Guide is the leading source of historical information on industry and manufacturing in Britain. This web publication contains 148,415 pages of information and 233,868 images on early companies, their products and the people who designed and built them.
1956 The company was formed to acquire companies mainly in family ownership, to allow the owners to continue to have a role in the company whilst avoiding the effect of death duty. Placing of 45 percent of the shares in the company on the Stock Exchange; the company had 2 main subsidiaries - one owning iron ore properties near Scunthorpe (Norinco Ltd); the other was the maker of a specialised label printing machine (Dapag (1943) Ltd). The directors were John Vincent Sheffield, Chairman, Edward Reginald Vincent Sheffield, George Berkeley Sheffield, Commander Colin Buist, Simon Lycett Green.
1957 Acquired C. E. C. (carrying on business as City Electrical), electrical engineers and contractors; acquired Union Fibres and John Collums, importers and exporters of fibres and waste products, and Relay Vision and 5 of its associated companies, John Tinsley, maker of colliery winding engines, and Wescros Ltd, scrap metal merchants and ship-breakers
1959 Acquired Hygena Ltd, maker of kitchen furniture, and Temperature Ltd together with Island Craft Ltd which were under the same management and, together, were the largest maker of air conditioning units outside the USA. Acquired Jensen Motors Ltd, and S. Maw Son and Sons
1960 In order to allow Norcros to concentrate on its larger subsidiaries, a new public company, Southcros Ltd, was incorporated and floated, to handle the smaller companies in the portfolio and others which would have resulted in Norcros having too large a concentration in one industry. Southcros acquired H. J. Reece and Sons Ltd and Aric Ltd and its wholly owned subsidiary B. and R. Patents Ltd. Norcros acquired Fisher Clark, manufacturers and printers of tags, labels, etc, and Harold Wood and Sons, a haulage company. Launched a second associated public company, Scotcros, to handle Scottish businesses
1961 The company consisted of 5 main groups:
The company found it had to rationalise, putting more emphasis on the profitable subsidiaries, not allow cash to be drained away by the less profitable ones and provide some value from the centre of the group as a benefit of being part of the group
1963 Chairman is John V. Sheffield
1963 Subsidiary Companies are -
1968 The programme of rationalisation started some years before was proceeding but was not yet complete; the printing machinery division had been improved and was the largest in its sector in Europe; the construction and engineering divisions had amalgamated their interests and were proceeding towards a more profitable position; rationalisation and improvement of the consumer products division was still work in progress
1974 Acquired Crittall-Hope Engineering whose window interests were a natural extension of the company's interests; the other activities, in cranes, etc, were attractive because of their specialist nature
c.1999 delisted from the Stock Market