29 APRIL 1938, Page 53

SCOTTISH INDUSTRIAL ESTATES

Scottish Industrial Estates was formed in January, 1937, under the auspices of the Commissioners for Special Areas, and only obtained possession of its site in June. Until then the site was agricultural land, and the chairman, Sir Steven Bilsland, told the shareholders at last week's meeting that one of the agricultural tenants took his hay crop off it last summer. Nevertheless, excellent progress with the develop- ment of new industries there has already taken place. In ten months 59 tenants have been secured and the staff are now negotiating with over 200 inquirers. No less than 120 factories have been erected or are in the course of completion. It is hoped, he explained, that by the time of the visit of the King and Queen next month over 35 manufacturers will be in production. The site is between Renfrew and Paisley, less than half a mile from the largest dock on the Clyde. - * * * • *