MOVING HUGE FACTORY

Shannon News, 10 September 1926, Page 3

MOVING HUGE FACTORY

FROM RHINE TO RUSSIA.

An extraordinary—perhaps a unique—piece of business has practically been completed between the Ukranian Government and Rheinmetal Locomotive Manufacturing Company, of Dusseldorf. It concerns nothing less than the transportation of that large and important factory—all except the bare walls—from the banks of the Rhine to Kharkov, in Southern Russia. The Rhine-Metal Company is one of the largest of its kind in Germany. It has a capital of 18 million marks. Its machinery was brought up-to-date on a most lavish scale during the inflation period. Since then it has, like all other German locomotive factories, been standing practically idle. An opportunity to dispose of this well-equipped but non-going concern was therefore welcomed by the company. It is said the price to be Tiaid is' about £6,000,000. Numbers of the company's staff of engineers are workers and will go to Russia with the factory—the distance is about as far as from Newcastle-oh-Tyne to Naples.