Grace's Guide

British Industrial History

Grace's Guide is the leading source of historical information on industry and manufacturing in Britain. This web publication contains 147,361 pages of information and 233,518 images on early companies, their products and the people who designed and built them.

Airborne Industries

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Maker of air-sea rescue and survival equipment, of Leigh on Sea, Essex

1964 88 percent of the shares were acquired by Lambert Close Holdings and Close Brothers; the company owned[1]:

1964 Public offer of shares planned. Two further acquisitions were planned of makers of ladies footwear, Armos Shoes and Lindi Shoes[2], making footwear half of the interest of the group[3]

1965 Proposed use of balloons for lifting trees from Canadian timber operations[4]. Made several prototype inflatable buildings designed by M. L. Aviation[5]

1966 Shoe manufacture continued to be a problem due to cost of raw materials; the balloon entreprise had progressed well and a joint company might be formed with the weavers Carrington and Dewhurst[6]

1967 With the success of the balloon logging in Canada, a joint venture Carrington Airborne Developments was formed with Carrington and Dewhurst [7]

1968 Set up an R&D organisation to develop new opportunities for the businesses[8]

1969 Downturn in profits

1970 No dividend paid; Armos Shoes would be closed[9]. Taken over by Kennedy, Duff, Savage[10]

See Also

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Sources of Information

  1. The Times, Jan 07, 1964
  2. The Times, Mar 31, 1964
  3. The Times, Mar 26, 1964
  4. The Times, Mar 22, 1965
  5. The Times Jul 01, 1965
  6. The Times, Jun 06, 1966
  7. The Times, Jun 06, 1967
  8. The Times, Jun 27, 1968
  9. The Times, Jul 25, 1970
  10. The Times, Sep 17, 1970