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1968
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Natural Gas Tubes starts making spiral weld tubes at Huntingdon First
year sales £14,000.
UK introduces decimal coinage. |
1975
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Begin
building the new NGT Tredegar site.
First North Sea Oil flows to UK.
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1977
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Tredegar factory opened by HRH The Prince of Wales.
£2.3bn IMF loan bails out Britain.
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1978
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Tredegar Spiral Weld Mill opened by late Prime Minister
of India, Mrs Indira Gandhi. Davignon introduces
mandatory steel price regime.
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1979
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Caparo
Group formed as holding company for all our activities.
Exit Callaghan / Enter Thatcher. Oil
prices peak at $40.
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1980
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Acquire control of quoted public company LK Industrial Investments
- becomes Caparo Industries.
UK steel strike.
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1981
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Public takeover bid for CMT. IBM introduces the PC.
US $ interest rate peaks at 21.5%. |
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