Saturday 14 August 2010

The rise and fall of Weyburn- from 2000-2008

part 4
Towards the end of the century, the ownership once again changed hands when, in 1998, the then owners, T&N, were taken over by a US Corporation. Historically, T&N's main business was the mining and manufacture of asbestos based products, notably asbestos sheets for buildings and asbestos car parts for clutches and brakes.
By a cruel irony, asbestos, once hailed as the miracle life-saving material, was revealed to be a remorseless killer, asbestosis.
With the acquisition of T&N, the new US owners also inherited the asbestosis problem.
At the time of the takeover, Weyburn Engineering, from it's origins in 1913 in a factory by the River Wey in Surrey, had grown over the next 86 years into one of the largest sub contract producers of camshafts in the world, employing nearly 900 people in 4 countries and with a turnover in excess of £80million.
However, in the next 10 years under the new US ownership, it was to be reduced to one factory at the original Elstead site and eventual closure in December 2008.

part 5 to follow

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