Grace's Guide

British Industrial History

Grace's Guide is the leading source of historical information on industry and manufacturing in Britain. This web publication contains 138,035 pages of information and 222,628 images on early companies, their products and the people who designed and built them.

Power Securities Corporation

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1922 Public company incorporated to assist in the development and engage the finance of electrical and other public utility undertakings; it acquired the whole of the issued share capital of Balfour, Beatty and Co[1]; George Balfour was chairman of the company; Andrew Henry Beatty and William Shearer were joint managing directors.

1930 The Lochaber construction works were expected to be completed in the autumn by their associated company; the Grampian hydro-electric scheme was on schedule [2]

1957 34th annual meeting; the company recognised Balfour, Beatty and Co as its principal income producing subsidiary; other subsidiaries were Tersons Ltd, Stent Precast Concrete Ltd, Metropolitan Construction Co Ltd, Duncan Watson (Electrical Engineers) Ltd, James Kilpatrick and Son Ltd[3].

1969 Acquired by British Insulated Callender's Cables[4]

See Also

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Sources of Information

  1. The Times, Oct 30, 1922
  2. The Times, Feb 15, 1930
  3. The Times, 21 May 1957
  4. The Times, Mar 18, 1969