Work in South Wales
Another area of expansion was in Mid-Glamorgan in South Wales. The bulk of iron ore mined in Furness had been sent there and the Brogdens became aware that Sir Robert Price, the owner of the Glamorgan Iron and Coal Works at Tondu, was in difficulties. In December 1853 they purchased for £10,000 the leases of the land and mines that he held. In the following January they purchased the works itself for £35,000. In July they acquired the leases of other farms and mines previously held by Sir Robert.
Read more about this topic: John Brogden And Sons
Famous quotes containing the words work, south and/or wales:
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