TI GROUP

'TI Group plc' (formerly Tube Investments) was a holding company for various specialised engineering companies. The three major divisions were John Crane International, a manufacturer of mechanical seals; Bundy Corporation, a tubing manufacturer and supplier to the refrigeration and automotive industries; and Dowty Group plc, an aerospace company. ^[1]

Contents

History

References

External links

History

The business was registered in 1919 as a public company combining the following seamless steel tube manufacturing companies: Tubes Limited, New Credenda Tube (later known as Creda), Star Tube, and St. Helen's Tube and Metal.

★ 1919 Accles & Pollock (tube makers) was purchased.

★ 1928 Reynolds Tube was purchased.

★ 1928 Ivan Stedeford joins company.

★ 1935 Ivan Stedeford elected CEO.

★ 1944 Ivan Stedeford elected Chairman.

★ 1946 Swallow Coachbuilding Co. (1935) Ltd.

★ 19?? The British Cycle Corporation subsidiary was formed which eventually composed of the following cycle companies:

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★ Phillips Cycles

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★ Hercules Cycles (No connection with the German Hercules company)

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★ Armstrong

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★ Rudge Whitworth

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★ Norman Cycles

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★ Sun Cycles

★ 1958/9 The Aluminium War

★ 1960 Raleigh Industries joined the group bringing with it:

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★ BSA Cycles

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★ J. B. Brookes

★ 1963 Bought Russell Hobbs, kettle manufacturers [1]

★ 1963 Ivan Stedeford retires as Chairman & CEO and assumes title of Life President.

★ 1987 Raleigh was sold.

★ 1987 Creda was sold to GEC Group [2]

★ 1992 Dowty Group plc was purchased

★ 1996 Accles & Pollock was sold to Hay Hall Group [3].

★ 2000 On 18 September 2000 Smiths Group announced its intention to merge with TI Group.^[2] The merger was completed on 4 December. Smiths divested TI's automotive business shortly after the merger.

References

1. TI Group plc - Company History
2. Engineering rivals to merge

External links

★ History of the TI Group, from the company's former website on the Internet Archive [4]

★ TI Group former website on the Internet Archive [5]

★ Smiths Group History [6].