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Rescue for Darlington haulier

24th September 1971
Page 31
Page 31, 24th September 1971 — Rescue for Darlington haulier
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Which of the following most accurately describes the problem?

• Spinks Transport Services Ltd, Darlington, for which a receiver was appointed recently, has been bought by Mr Cecil Attwood, chairman of Dufay Paints, Ltd. Shildon, Co. Durham, and several other firms in the North-East. Spinks which employs 100 drivers in addition to office staff, was taken over three years ago by Amalgamated Rubber and Industrial Products Ltd. for £106,000. Mr Attwood stated that he had bought the firm from the receiver but did not reveal the price. He commented that Spinks was a good firm which had got into difficulties through no fault of its own. It would be a shame, he said. to allow such a concern to disappear and he intended saving the firm and safeguarding the jobs of all the employees.