Grace's Guide is the leading source of historical information on industry and manufacturing in Britain. This web publication contains 147,138 pages of information and 233,396 images on early companies, their products and the people who designed and built them.
1930 As a result of the amalgamation of the Pearson and Knowles group of companies with the Wigan Coal and Iron Co, 2 new companies were formed to hold the coal and steel interests separately. The coal business would be called the Wigan Coal Corporation Ltd. The iron and steel business would be called the Lancashire Steel Corporation. The 2 new companies were formed under the auspices of the Securities Management Trust, formed by the Bank of England to facilitate reconstruction of the iron and steel industry. Lancashire Steel Corporation controlled the Wigan Coal Corporation.