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Irish axle boost

24th March 1988, Page 18
24th March 1988
Page 18
Page 18, 24th March 1988 — Irish axle boost
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• Irish rescue vehicle manufacturer Timmoney Group says it is on the brink of a major export deal with the Teledyne Corporation of California.

Timmoney Group hopes the American rescue vehicles will use its axles: "We have been negotiating for over a year," it says. The Irish manufacturer is competing for a share of a deal which, it says, is worth up to $500 million.

Teledyne Corporation has so far declined to comment on the proposed deal.