The story
Company History
This business was established in 1837 as Smith & Ashby later known as Rutland Iron Works. Later still it came into the ownership of Ashby and G. E. Jeffery. In 1877 Edward Christopher Blackstone (1850-1916) was admitted to a new partnership owning Rutland Iron Works known as Jeffery and Blackstone. Blackstone and George Mills, a member of Blackstone's wife's family, bought out Jeffery in 1882. A limited liability company, Blackstone & Co Limited, was incorporated on 29 January 1889 to take ownership of the business.
In 1895/1896 the Carter Brothers (Frank and Evershed) of Billingshurst joined the company. They had developed their 'Reliance' oil engine in 1894, and Blackstone started producing the engine in 1896. Frank Carter became works manager in 1904 where he remained until his death in 1934.
Following E. C. Blackstone's death in late 1916 the business was sold to a new combine, Agricultural & General Engineers (AGE) group, but retained its identity and management. Blackstone shareholders were paid with new AGE shares. Their former business continued to prosper but the profits went to support unprofitable members of the new combine. AGE turned out to be a failure from start to finish and had to be liquidated following its financial collapse in 1932. AGE shares proved worthless.
Three of E. C. Blackstone's sons managed to buy back Blackstone's from the liquidator with the support of an unidentified investor. An agreement had been reached with Massey-Harris of Canada to supply them all Blackstone's agricultural machinery marked with the brand name Massey-Harris-Blackstone.
In the middle of 1936 ownership of Blackstone's was taken by R A Lister & Co Limited. Blackstone's factory remained in Stamford, Lincolnshire
AGE collapsed in 1932, after which Blackstone & Co. continued as an engine builder and was taken over by R A Lister and Company in 1937 to form Lister Blackstone.
Associated British Oil Engine Company
The Associated British Oil Engine Company (ABOE) was a British engineering company. In 1945 Mirrlees, Bickerton and Day joined the group.
Hawker Siddeley
R A Lister & Company was taken over by the Hawker Siddeley Group in 1965 and, in a later re-organisation, Lister became Lister Petter and Blackstone became Mirrlees Blackstone.
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Mirrlees Blackstone Limited was formed on 1 June 1969 by the merger of Mirrlees National Limited (formerly Mirrlees, Bickerton and Day) and Blackstone & Company.
Alsthom
In 1988, General Electric Company plc merged its Paxman (engines), Ruston and Mirrlees Blackstone diesels businesses with the Alsthom division of Compagnie Générale d'Electricité (CGE) to form GEC-Alsthom. In 2000, Alstom sold its diesel engine businesses (Ruston, Paxman, and Mirrlees Blackstone) to MAN Group.
Closure
Mirrlees Blackstone was bought by MAN Diesel, along with the diesel businesses of the collapsed GEC, although little remains. The Stockport factory has been partly demolished and replaced with a new office and warehouse facility which still serves the aftermarket for spares and servicing of Lister Blackstone engines under the MAN Diesel & Turbo brand. The Blackstone name lives on with Blackstones F.C., a football club in Stamford.
From Wikipedia’s article on Blackstone & Co, shared under CC BY-SA 4.0.3
