Ruston (engine Builder) - Economy of Lincoln

Economy of Lincoln

When owned by GEC in the late 1960s and early 1970s, many (if not the vast majority) of Lincoln engineering firms did not survive difficult financial conditions. This included Clayton Dewandre, (who made vacuum and air-pressure brake servos and associated equipment for commercial vehicles). W.H.Dorman had been bought by English Electric in 1961 and took over an old R & H factory on Beevor Street. Dormans would be bought by Perkins in 1993, then closed in 1995.

Only the GEC group of companies in Lincoln (including Dormans) survived the 1970s. The company actually expanded during this difficult time, helped by the fact that 80% of its engines were exported and the North Sea oil industry was rapidly expanding at this time, which required portable electricity generation and heating.

Read more about this topic:  Ruston (engine Builder)

Famous quotes containing the words economy of, economy and/or lincoln:

    Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.
    Friedrich Nietzsche (1844–1900)

    War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?”
    Doris Lessing (b. 1919)

    I believe the declaration that “all men are created equal” is the great fundamental principle upon which our free institutions rest.
    —Abraham Lincoln (1809–1865)