Company type | Public |
---|---|
LSE: DWL | |
Industry | Automotive and powder metallurgy |
Founded | 2023 |
Headquarters | London, England |
Key people | Simon Mackenzie Smith (Chairman) Liam Butterworth (CEO) |
Revenue | £4,864 million (2023) [1] |
£(450) million (2023) [1] | |
£(495) million (2023) [1] | |
Website | www |
Dowlais Group plc is a British company operating in the automotive and powder metallurgy industries. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. [2]
In March 2023, Melrose Industries announced that it would demerge GKN Automotive and GKN Powder Metallurgy from GKN as Dowlais Group. [3] The name selected, "Dowlais Group", was intended to evoke the Dowlais Ironworks where GKN licensed the Bessemer process, using it to produce steel, in 1865. [4]
GKN Automotive has its origins in the J. W. Garrington, which specialised in forgings; the forgings produced at the Garrington Darlaston plant, later supplemented by a large plant at Bromsgrove, enabled GKN to become a major supplier of crankshafts, connecting rods, half-shafts and numerous smaller forged components to the UK auto-industry, which had a period of massive expansion during the interwar period and beyond. [5] A new plant was established near Wellington, Shropshire, which was devoted to wheel production, and in the 1960s, the company became a manufacturer of constant-velocity joints, which are used to transfer the engine's power to the wheels. [5]
GKN Powder Metallurgy has its origins in Hoeganaes Corporation (HC) in North America, which GKN acquired in 1998. [6]
The demerger was completed on 20 April 2023. [7]
GKN Ltd is a British multinational automotive and aerospace components business headquartered in Redditch, England. It is a long-running business known for many decades as Guest, Keen and Nettlefolds. It can trace its origins back to 1759 and the birth of the Industrial Revolution.
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Hardy Spicer is a brand of automotive transmission or driveline equipment best known for its mechanical constant velocity universal joint originally manufactured in Britain by Hardy employing patents belonging to US-based Spicer Manufacturing. Hardy and Spicer soon became partners. Later Spicer became Dana Holding Corporation.
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Melrose Industries plc is a British manufacturing company based in London. It specialises in buying, investing in, and divesting engineering companies. Its shares are listed on the London Stock Exchange as a constituent of the FTSE 100 Index. Melrose serves customers in the United Kingdom and United States.
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NTN Corporation is one of the most prominent manufacturers of bearings in Japan, second domestically only to NSK Ltd. The company is one of the largest exporters worldwide of friction-reducing products such as constant-velocity joints.
GKN Automotive is a multinational manufacturer of driveline components, all-wheel drive systems and plug-in hybrid systems for the automotive industry.
Uddeholms AB is a multinational producer of high alloyed tool steel with production in Hagfors, Sweden. Since 1991, the company is part of the Austrian Böhler-Uddeholm group which in turn is part of the voestalpine AG group since 2007. Uddeholms AB has 800 Swedish and 3,000 total employees.
Samvardhana Motherson International Ltd is an Indian multinational manufacturer of automotive components, based in Noida. It makes wiring harnesses, plastic components and rearview mirrors for passenger cars. The company was established in 1986 as a joint venture with the Sumitomo Group of Japan.
The Laycock Engineering Company Limited of Archer Road, Millhouses, Sheffield, Yorkshire, England was an engineering business established in 1884 by W S Laycock which made small and major components for railway rolling stock.
Smith-Clayton Forge Ltd were a company specialising in drop forgings that was established in Lincoln. In 1966 Smith-Clayton Forge became a subsidiary of GKN and later was absorbed into British Steel. It then became part of United Engineering Forgings (UEF) which in 2000 and 2001 was sold on to Wyman Gordon and Bifrangi, who now operate on the Smith-Clayton Forge site.