Pollard Ball and Roller Bearing Company with its headquarters at Ferrybridge, West Yorkshire was a manufacturer of ball and roller bearings founded by John King. Formerly it had been known as Ferrybridge Industries and was originally a small family motor repair firm, Whitehouse Motor Industries, Ford dealers.[1][2][3] Ferrybridge owned Pollard Bearings Limited.[4]
International
editSubsidiaries were established in France, Canada and USA.[5] In 1964, 30 percent of the trade was direct with the motor industry in Germany, Italy, France, Sweden, and the US.
Industrial Reorganisation Corporation
editIn May 1969 government pressure exerted through the Industrial Reorganisation Corporation required the sale of all the capital of Pollard to Ransome & Marles. The grounds for the pressure were given to be as follows:
- the ball bearing industry was a large sector of engineering technology and an essential input into the motor and aircraft industries;
- when compared with other developed countries the British industry was fragmented;
- there was a possibly of a merger of Sweden's Skefko and Ransome & Marles. SKF dominates the market in European countries.
- There would be advantages of scale.
- Ransome & Marles was the leading British owned company.[6][7]
References
edit- ^ Lord King of Wartnaby. The Times, Wednesday, 13 July 2005; pg. [53]; Issue 68438
- ^ The Times, Wednesday, 21 January 1959; pg. 17; Issue 54364
- ^ Pollard Ball and Roller Bearing Co. (Formerly Ferrybridge Industries Ltd.). The Times, Monday, 4 May 1959; pg. 19; Issue 54451
- ^ Ferrybridge Industries. The Times, Friday, 13 August 1954; pg. 11; Issue 53009.
- ^ Pollard Ball & Roller Bearing Company. The Times, Wednesday, 26 June 1963; pg. 18; Issue 55737
- ^ SKF to buy into Pollard for £1.6m. The Times, Wednesday, 9 April 1969; pg. 17; Issue 57530
- ^ Industrial Reorganisation Corporation. The Times, Thursday, 22 May 1969; pg. 25; Issue 57566