Norton Villiers Triumph
A new company named Norton Villiers Triumph (NVT), managed by Dennis Poore, emerged in 1972 when the BSA group became bankrupt. Government help resulted in a merger with the Manganese Bronze Holdings subsidiary Norton-Villiers. The three remaining brands to be produced by the company were combined to create the new group name "Norton-Villiers-Triumph" (NVT). However, this restructuring would result in a number of closures and redundancies, due to the end of the Conservative government aid (as an inducement to Dennis Poore to assume control of Triumph) by the then Labour Minister, Roy Hattersley. After many consultations with the factory personnel explaining the consolidation necessary to compete with the Japanese, in September 1973 NVT Group chairman Dennis Poore finally announced the closure of Meriden works effective February, 1974. Of 4,500 employees, 3,000 were made redundant. Worried about unemployment and having their products given to a rival firm, the workers at the Meriden factory demonstrated against a relocation to Small Heath, Birmingham, the BSA site and staged a sit-in for two years. With political aid of the newly-elected Labour government and, in particular, the then-minister for trade and industry, Tony Benn, the Meriden worker's co-operative was formed, supplying Triumph 750 cc motorcycles to its sole customer, NVT.
Read more about this topic: Triumph Engineering
Famous quotes containing the words norton, villiers and/or triumph:
“The question has been asked, “What is a woman?” A woman is a person who makes choices. A woman is a dreamer. A woman is a planner. A woman is a maker, and a molder. A woman is a person who makes choices. A woman builds bridges. A woman makes children and makes cars. A woman writes poetry and songs. A woman is a person who makes choices. You cannot even simply become a mother anymore. You must choose motherhood. Will you choose change? Can you become its vanguard?”
—Eleanor Holmes Norton (b. 1937)
“The Lady Mary Villiers lies
Under this stone; with weeping eyes
The parents that first gave her birth,
And their sad friends, laid her in earth.”
—Thomas Carew (1589–1639)
“Nothing can bring you peace but yourself. Nothing can bring you peace but the triumph of principles.”
—Ralph Waldo Emerson (1803–1882)