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 133,801 pages of information and 211,901 images on early companies, their products and the people who designed and built them.

T. I. Aluminium

From Graces Guide

Jump to: navigation, search
1950.
1951. Aluminium Alloy Barge Section built by Thorpe Brothers .
January 1952.
February 1952.
April 1952.
April 1952.
June 1952.
September 1954.
November 1954.
November 1957. Timinium.

Maker of aluminium and aluminium alloys, of Redfern Road, Tyseley, Birmingham

Part of Tube Investments

1948 Company formed by Tube Investments to bring together the administrative, research and marketing activities of its aluminium subsidiaries, namely Reynolds Light Alloys, Reynolds Rolling Mills and South Wales Aluminium [1]

1950 Part of the Tube Investments Group[2]

1957 Formation of a joint venture Reynolds T I Aluminium with Reynolds Metals, which was jointly owned by the 2 partners, to hold TI's aluminium activities[3]

1958 Reynolds T. I. Aluminium was majority owned by Tube Investments; Reynolds T I Aluminium planned to acquire Venesta Ltd, maker of aluminium foil[4]

1958 Reynolds T I Aluminium made a take-over bid for British Aluminium Co which was to have a defining effect on the need for companies to take account of shareholders' views in responding to bids. Eventually the TI/Reynolds combine won[5]

1958 T. I. Aluminium and Reynolds Metals of the USA took over British Aluminium Co Ltd[6]

1959 After a reorganistion of Venesta into a group of separate companies, Reynolds T I Aluminium took over the foil business[7]

1978 Reynolds sold its stake in British Aluminium Co; T. I. Aluminium increased its holding to 58% with 42% of British Aluminium being floated.

1981 Closed the Invergordon smelter which was losing money heavily[8]

See Also

Loading...

Sources of Information

  1. The Times, Nov 30, 1948
  2. The Times, Nov 23, 1950
  3. The Times, Nov 15, 1957
  4. The Times, Nov 14, 1958
  5. The Times, Sep 08, 1978
  6. The Times Nov 05, 1970
  7. The Times, Sep 15, 1959
  8. The Times, Jul 29, 1982