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Fodens forge ahead

5th August 1966, Page 41
5th August 1966
Page 41
Page 41, 5th August 1966 — Fodens forge ahead
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Which of the following most accurately describes the problem?

VEHICLE orders for Fodens Ltd. continued

to increase during the year ended April 2 last and the closing figure was a maximum, said the company chairman in his annual report. However, there was a fall in the orders for export at the end of the year.

The demand for unit kits for export at the expense of the completed vehicles was growing and competition increasing. Distribution of export deliveries last year was similar to previous years.

In February last a new depot was opened at Bletchley and in June one at Wandsworth. The Cowplain depot near Portsmouth has been closed and sold. This reflects a movement of business nearer to London.

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Locations: Portsmouth, London

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