Scots drop in activity
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GRAMPIAN Holdings reports a "distinct drop in activity" in its transport group in the second half of last year.
• Chairman David Grieg said this disappointing performance in the tipper and plant hire business follows an improvement in the early part of the year, after the release of public-sector money.
The newly equipped storage plant of the business is "active". Investment in vehicles and contracting plant "a significant proportion" of the group's assets at £5.05m was slightly higher last year than in 1980.
Grampian transport group's subsidiaries all based in Scotland are W. H. Malcolm Ltd, William M. Wilson & Sons (Johnstone) Ltd, Malcolm Blaes Co Ltd, and Malcolm Plant Ltd.