FODENS"` STEADY IMPROVEMENT "
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A STEADY improvement in business rt is reported by Mr. James Wild, chairman of Fodens, Ltd., in his annual statement. This was because of the removal of the fear of renationalization, so far as the home market was concerned. Overseas orders were increasing.
The company's production was running at a record level, and, by using the most modern tools, overall costs had been reduced although wages had increased.
Negotiations were in progress for the establishment of a depot in Cardiff.
NEW TENDERS FOR MOTORWAY?
TF, without departing from the basic I specification, savings could be made on the construction of the Lancashire section of the Birmingham-Preston motorway, new tenders would be invitedlater this year. The Minister of Transport made this known in a written answer in the House of Commons last week, after being asked about the starting date for this 26-mile section of the motorway.
The Minister said that tenders submitted so far had proved much higher than for other sections of motorway. This was mainly due to poor soil conditions, the presence of mine workings and the cost of drainage.
NEW TAWE BRIDGE
A THREE-SPAN reinforced concrete 1-1 bridge over the River Tawe will be a feature of the final section of Swansea's East Side Approach Road, on which work will start soon.
About one-third of a mile in length, it will link the new road system, which forms part of the reconstructed central area of the town, with the new dualcarriageway road from Swansea Docks to the Neath by-pass.
AUSTRALIAN ORDER FOR A.E.C,
AN order for 50 A.E.C. Mandator chassis has been received from Australia where the vehicles will be used mostly on inter-state haulage services. During the past six months sales of A.E.C. (Australia), Pty., Ltd., have sub. stantially increased and are now over 50 per cent, above the level of 1959.