,COMPONENT MAKERS TO ' SPEND 170*000 THE 1960 development programme of
11th March 1960, Page 58
11th March 1960
Page 58
Page 58, 11th March 1960
— ,COMPONENT MAKERS TO '
SPEND 170*000 THE 1960 development programme of
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Hepworth and Grandage, Ltd., will involve capital expenditure in excess of £700,000,
A large proportion of -this sum will be spent in the modernization of plant and machinery and the installation of specially developed production equipment. Large sums have also been allocated to new building schemes.
Work on the construction of a new Engineering and Metallurgical Research Laboratory building has already commenced. This will adjoin the company's administration block, itself completed only three years ago. The new building will provide 26,520 square feet of accommodation and will house the Design Drawing Office and Technical Department, Physics and Chemical. Laboratories, the -Works Photography Department and Engine Research Department.