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Lucysgirl · 09-06-2011, 17:42

Rolls Royce (1972) of Coventry, England, is a British blue chip company making high tech aeroplane engines, etc. which we the tax payers have owned and subsidised since Ted Heath saved part of the original company. The other part of the original Rolls Royce company made diesel engines for trains,tractors, etc. which was bought by Caterpillar (USA). The British competitor which also make diesel engines for trains,tractors, etc., is Perkins Engines, now also owned by the Americans.
Apparently the government is selling the prestigous Rolls Royce (1972) company and there's probably no guarantee that any new owner will keep the factory open.

09-06-2011, 17:42	#33
Lucysgirl Registered User Join Date: Apr 2011 Location: Baxenden Posts: 293 Liked: 39 times Rep Power: 0	Re: this is why we are still borrowing money Rolls Royce (1972) of Coventry, England, is a British blue chip company making high tech aeroplane engines, etc. which we the tax payers have owned and subsidised since Ted Heath saved part of the original company. The other part of the original Rolls Royce company made diesel engines for trains,tractors, etc. which was bought by Caterpillar (USA). The British competitor which also make diesel engines for trains,tractors, etc., is Perkins Engines, now also owned by the Americans. Apparently the government is selling the prestigous Rolls Royce (1972) company and there's probably no guarantee that any new owner will keep the factory open.