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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