Pressed Steel Company
Pressed Steel Company Limited was a British car body manufacturing business founded at Cowley near Oxford in 1926 as a joint venture between William Morris, Budd Corporation of Philadelphia USA, which held the controlling interest, and a British / American bank J. Henry Schroder & Co At that time the company was named The Pressed Steel Company of Great Britain Limited. It acquired Budd's patent rights and processes for use in the United Kingdom. Morris transferred his interest to his company, Morris Motors Limited.
Today at what was their Cowley plant, BMW's Mini is assembled and this site is known as "Plant Oxford". At their Swindon plant, the BMW subsidiary Swindon Pressings Limited has been established and produces parts for the new Mini at what is now referred to as "Plant Swindon".
Read more about Pressed Steel Company: Morris and Budd, British Leyland and BMW
Famous quotes containing the words pressed, steel and/or company:
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—Bible: New Testament, Luke 6:38.
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