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GKN Automotive is a multinational manufacturer of driveline components, all-wheel drive systems and plug-in hybrid systems for the automotive industry. [2]It employs around 25,000 people across 47 manufacturing facilities and 6 technology centres in 19 countries.
On 9 July 1900, the Dowlais Iron Company and Arthur Keen's Patent Nut and Bolt Company merged to form Guest, Keen & Co. Ltd. [ 5 ] Nettlefolds Limited , a leading manufacturer of fasteners, established in Smethwick , West Midlands in 1854, was acquired in 1902, leading to the change of name to Guest, Keen and Nettlefolds (GKN).
Equipment rental was first developed in Anglo-Saxon countries. It emerged in the UK after the First World War and has now become a multi-billion euro business providing a wide range of construction and industrial equipment for customers globally.The American Rental Association was founded as early as 1955, [1] and the first waves of consolidation took place in the 1970s in North America ...
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The company's financial year ran to 31 July, and in the year ended 31 July 1967 Rootes was able to report a pre-tax profit of just £3.8 million. [23] It was the first reported profit since 1964 and compared with a pretax loss of £10.7 million in the year ending in 1966. [ 23 ]