Tube Investments

Tube Investments (later known as TI Group) was a British engineering company specialising in the manufacture and manipulation of tubing.

• 1919 Registered as a public company combining the seamless steel tube manufacturing companies of Tubes Limited, New Credenda Tube (later known as Creda), Star Tube and St. Helen's Tube and Metal.

• 1919 Accles and Pollock (tube makers) was purchased.

• 1928 Reynolds Tubes was purchased.

• 1928 Ivan Stedeford joins company and elected CEO (1935) and Chairman (1944) and in 1963 retires as Chairman and CEO and assumes title of Life President.

• 1946 Purchased Swallow Coachbuilding Co

• 19?? The British Cycle Corporation subsidiary was formed which eventually comprised Phillips, Hercules, Armstrong, Rudge-Whitworth, Norman and Sun Cycles.

• 1960 Raleigh Industries joined the group bringing with it BSA Cycles and J. B. Brookes.

• 1961 Employed 55,000 persons in the group.

• Also owned Weldless Steel Tube Co, Loewy Robertson Engineering, Richard and Ross.

• 1963 Purchased Russell Hobbs.

• 1968 Queen's Award to Industry for Technological Innovation with Tubes.

• 1987 Raleigh was sold.

• 1987 Creda was sold to GEC Group.

  1992 Dowty Group was purchased.

  1996 Accles and Pollock was sold to Hay Hall Group.

  2000 Tube Investments merged with Smiths Industries to become the TI Group.

Sources: Graces Guide

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