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nut. AGREEMENT WITH OVVEN DEPRESENTATIVES of Messrs. Vecor, Vanderbijlpark, South

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11th March 1960

Page 61

Page 61, 11th March 1960 — nut. AGREEMENT WITH OVVEN DEPRESENTATIVES of Messrs. Vecor, Vanderbijlpark, South

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Africa, have negotiated a £.2m. agreement with Rubery Owen, Ltd., which will result in the production of vehicle components in the Union.

The agreement provides for the manufacture of wheels, axle housings, fuel tanks, chassis frames, body pressings and other components. In addition to their financial investment in the project, Rubery Owen will contribute design work and tooling techniques.