I agree with Bob. It is always interesting, and I don't have the time to
look on my own.
James Nazarian
'71 B roadster
'71 BGT rust free and burnt orange
'63 Buick 215
On Wed, 22 Mar 2000, Bob Shaw wrote:
> At 11:01 PM -0500 3/22/00, MGMagnette@aol.com wrote:
> > >From The London Times....
> >
> >Alchemy names ex-Rolls chief to run MG BY JAMES DORAN AND CHRISTINE BUCKLEY
> >CHRIS WOODWARK, the former chief executive of Rolls-Royce Motors, will today
> >be named chief executive of the MG Car Company, created by Alchemy Partners
> >to take over Rover from BMW. Mr Woodwark, chief executive of Staveley, the
> >industrial group, is an Alchemy director. He was a key negotiator with BMW
> >over the sale of Rover. It is hoped that his appointment will calm fears that
> >Alchemy, a venture capital firm, lacks the expertise to run a car company.
> >
> >Mr Woodwark has worked for Chrysler UK, Land Rover, Rover International and
> >Cosworth, the sports car engines manufacturer. The other MG board directors
> >are less experienced in cars. Brandon Gough, the chairman, is an accountant
> >and chairman of De La Rue, the printer. Graham Hallworth, finance director,
> >is a director of Alchemy and led the turnaround of AG Stanley, the home
> >furnishings group.
> >
> >An Alchemy source revealed that BMW is to give Alchemy 60 per cent of the
> >450-acre Longbridge site, including one of the big assembly buildings. At a
> >meeting today, Stephen Byers, Trade Secretary, is to seek reparation from BMW
> >for its decision to sell Rover. He will ask Joachim Milberg, BMW chairman,
> >for cash, land or property, or a mix of the three, and BMW's commitment to
> >helping the regeneration task force. No figure has been set because it is not
> >clear how many jobs will go.
> >
> >Mr Byers will also seek clarification from BMW of the future status of the
> >engineering and research centre at Gaydon, Warwickshire, which employs more
> >than 3,000 people. Unions said Rover Group had prepared plans for 9,500 job
> >losses across Longbridge, Cowley and other sites. Rover denied this. Tony
> >Woodley, T&GWU car industry negotiator, said he had spoken to two car
> >companies about intervening over the Rover sale. Meanwhile, Honda has given
> >details of 1,000 jobs to be created at its second UK car plant being built
> >near Swindon. It is seeking 120 engineers and 800 production staff.
> >
> >Should I keep posting this stuff or are you people finding it on your own?
> >-John
> While I would not presume to speak for anyone but myself, I enjoy
> getting this information. I do not have time to do a search for
> myself. Thanks for your help.
> --
> Bob Shaw
> Check out Shaw's Garage at http://www.mlcltd.com/shawsgarage/
> My British Car is NOT leaky - it's merely marking its territory.
>
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