Foundation
In 1929, the French Salmson company started a British branch company, Moteurs Salmson in Raynes Park, London, as a radial aero engine maker for the British Empire market. Taken over by British sports car racer Howard Martineau and investors in 1930, they renamed it British Salmson Aero Engines Ltd and continued production under license.
As aero engine sales proved slow, the company extended the license deal to include local production of cars from 1934.
Read more about this topic: British Salmson
Famous quotes containing the word foundation:
“The most excellent and divine counsel, the best and most profitable advertisement of all others, but the least practised, is to study and learn how to know ourselves. This is the foundation of wisdom and the highway to whatever is good.... God, Nature, the wise, the world, preach man, exhort him both by word and deed to the study of himself.”
—Pierre Charron (1541–1603)
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—Henry David Thoreau (1817–1862)
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