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New Oil Terminal is
Page 91
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THE,Britain's...Biggest largest -Modern fuel .oilterminal . in Britain was opened in London, on Monday, by Charrington, Gardner, Locket and Co.. Ltd. Capable of storing more than 4m. gallons of fuel oil for distribution in and around London, the terminal has cost £400,000 and took 2. years to build.:
It is situated on the site of former dock and railway sidings in Poplar and now covers four acres, but there are six more acres for future development. By its location, it is designed to eliminate any hold-up in supplies because of heavy traffic on the roads or through bad weather.
One outstanding feature of the terminal is the automatic pumping equipment which feeds the fuel oils from the storage tanks into the loading bays. This equipment, eliminating manual control, ensures that nearly 400,000 gallons of fuel oil can be loaded every day and that road tankers on the site can be quickly filled.
Charrington's operate nearly 200 road tankers, and they have made special provision for their drivers. Besides a vehicle repair shop and washdown building on the site there is a large administrative block which contains a mess room and showers for employees and a centrally heated locker for each driver, NEW COVENTRY CLIMAX EXPORT
COMPANY A NEW company. is being set up to
promote the export sales of all products . manufactured by Coventry Climax Engines. Ltd., and associated companies. The new company will have their headquarters at the present Coventry Climax London offices and showrooms, 163 Piccadilly, W.I.
Chairman will be Mr, Leonard P. Lee, chairman and managing director of Coventry Climax Engines, Ltd., and other directors will be Mr. Hugo W. M. Fleury and Mr. Percy W. Cooper.
Mr. J. Peter Ford is to be appointed managing director, and in order to undertake this work he has resigned his post as group sales director of Associated British Engineering, Ltd. Mr. Ford was for many years managing director of the export companies in the Brush Group.
FINANCE COMPANY TAKEN OVER BY BANK
rONTR OL of the North Central Wagon and Finance Co., Ltd.„ Rotherham, for many years interested in the financing of motor hire-purchase, has been acquired by the National Provincial Bank, Ltd. Holders of more than 90 per cent. of the company's issued Ordinary capital of £2,105,333 have accepted the cash oiler by the bank of .£4 10s, per £1 share.
Until this deal, the Prudential Assurance Co., Ltd., held more than half the Ordinary shares. North Central will continue to operate as a separate concern under their own management, but the bank will appoint one or two additional directors.