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British subsidiary
During the year our British subsidiary, Leesona-Holt, Limited, expanded its plant in Darwen, England, and added machine tool capacity.
The operations of its other plant in Rochdale and Leesona's former operations in Manchester were transferred to a recently acquired plant in the adjoining town of Heywood.
Layout and equipment were modernized and improved to obtain increased production on an efficient basis.
The area available at Heywood is approximately three times the size of the former Rochdale and Manchester locations.
In addition, land has been purchased to permit doubling the size of the plant in the future.

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