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FODEN - EXPORTS RISE

7th September 1951, Page 34
7th September 1951
Page 34
Page 34, 7th September 1951 — FODEN - EXPORTS RISE
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A NEW high level in exports was reported by Mr. James Wild, chairman. of Fodens, Ltd., in his annual statement. To promote South African business, a wholly owned subsidiary has been formed in the Union, known as Fodens (South Africa) (Proprietary), Ltd. Its registered office is in Johannesburg and the manager is Mr. H. Hymans, who, with the directorsof Fodens, Ltd., ii on-the board of the new

concern. . .

Mr. Wild also said., that demand for Foden products was encouraging. The Foden oil engine was now in full production and a substantial contract for it had been received from the Admiralty.