Argentina To Make Perkins Engines
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AN agreement has been signed by F. Perkins, Ltd., for Perkins three-, fourand six-cylindered diesel engines to be manufactured under licence by Fast S.A. Commercial e Industrial, Buenos Aires, a company forming part of a wellknown industrial group founded by the Amat family.
The project has the full approval of the Argentine Government who welcome it as an important contribution to its plans to hicrease the country's industrial capacity and utilize national resources.
Mr. M. I, Prichard, managing director of the Perkins Group, said recently: Perkins have now decided to manufacture in the Argentine because concessions aimed at encouraging the manufacture of engines provided under an Argentine Government decree last year created a favourable climate for operation and also because import restrictions are making the export of engines to Argentina increasingly difficult."
The local content of the engines will be built up over a four-year period and production of the six-cylindered engine will start later this year, using existing factory premises in Buenos Aires initially. Production is expected to reach an annual figure of about 12,000 units.
GLACIER GET SOVIET CONTRACT A S a result of close contact during the
last year or so between officials and technicians of the Glacier Metal Co., Ltd., Wembley, Middlesex, and Russian automotive manufacturers. reticular-tin aluminium bearing material has been standardized for two different Soviet heavy-vehicle engines and also for two private-car engines. In 1959, 2,000 sets of such bearings were ordered by the U.S.S.R. trade delegation for tests in the Soviet Union.
It is planned to, make the bearings in Russia in plant designed and built by Glacier which will be shipped out to the U.S.S.R. within the next -two years. The value of the contract, which was signed last month between Glacier and Stankoimport, is over £400,000,