Pressed Steel Company
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The Pressed Steel Company (PSC) was a British car body manufacturing company founded at Cowley near Oxford in 1926 as a joint venture between William Morris, the Budd Corporation and an American bank.
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[edit] Motor industry
Morris had seen the potential of pressed steel car bodies being developed at Budd in the U.S. The new venture started up by supplying car bodies to Morris's Morris Motor Company (MMC), with its plant being located alongside that of MMC. By 1935 Budd had withdrawn and the company was fully independent, and also producing car bodies for competitors of MMC. By the late 1950s the company was making bodies for most of the major car companies in the UK including Rolls-Royce, Rootes, and Standard-Triumph. In 1956 PSC opened a new plant in Swindon to provide extra capacity, and in 1961 they opened their Linwood, Scotland plant alongside the new Rootes Linwood plant to provide bodies for the new Hillman Imp being produced there.
In 1966 PSC came together with Jaguar Cars and the British Motor Corporation (BMC) to form British Motor Holdings (BMH). In 1968 BMH merged with the Leyland Motor Corporation to form the British Leyland Motor Corporation (BLMC). By this time PSC had become the world's largest independent car body and car body tool manufacturer, and supplied bodies and tools not only for the British motor industry but for Volvo, Alfa Romeo and Hindustan Motors also.
Under BLMC the business of the old BMC body making subsidiary Fisher and Ludlow was merged with that of PSC to form the Pressed Steel Fisher division.
[edit] Railway industry interests
A factory in Linwood, Scotland, was acquired by PSC in 1947 where they manufactured railway rolling stock.
[edit] Aircraft industry interests
In 1960 PSC formed British Executive and General Aviation Limited (BEAGLE) for the manufacture of aircraft with facilities at Shoreham-by-Sea and Rearsby airfields.
[edit] References
- (1966). "The British Motor Corporation Ltd. and the Pressed Steel Company Ltd. A report on the merger". Competition Commission (UK). Retrieved on 2006-06-06.
- Bardsley, Gillian. Issigonis: The Official Biography. Icon Books. ISBN 1-84046-778-9.
