A & G Price Ltd
A & G Price Limited is an engineering firm and locomotive manufacturer in Thames, New Zealand, established in 1868.
In 2004 a precision formed yacht keel division was formed to make the Maximus canting keel.
A few months short of 150 years after it was founded it was put into liquidation on 26 July 2017. About 100 employees lost their job
The firm was established in 1868 in Princes Street, Onehunga by Alfred Price (1838-1907) and George Price (1843-1917), two brothers from Stroud, Gloucestershire. They built almost 100 flax-milling machines in their first year.
In 1964 A & G Price merged with William Cable Holdings, a partnership of heavy engineers (William Cable) and civil engineers (Downer), and the new grouping's name was Cable Price Downer. The group members kept their identities. In 1974 the staff of A & G Price alone was in excess of 520 people and its head office in Fanshawe Street, Auckland. Beach Road Thames was described as a branch. In 1988 "corporate raider" Brierley Investments obtained control of the group parent, Cable Price Downer, and broke the group back into its three separate businesses. A & G Price, Beach Road, Thames, is currently part of the Tiri Group based in Mount Wellington and controlled from Nelson by Tom Sturgess.
In the 1930s the firm hired Abner Doble to help them develop a steam engine for buses at the Thames workshops. The first engine was trialed by the Auckland Transport Board in the early 1930s. A second bus was constructed in 1932 for White and Sons for the Auckland Thames route.
A & G Price was the largest private New Zealand railway locomotive manufacturer, both in terms of output and in terms of supply of rolling stock to the New Zealand Government Railways (NZGR or NZR) and other firms.
Price manufactured 22 carriages and wagons in the early 1870s, and manufactured two locomotives in the 1880s for private industry, the first being a 0-4-0ST Saddle Tank type locomotive. The Thames Branch railway line opened in 1898, and Price won a tender to make locomotives for NZR in 1903 and 1906 (Wright page 106). Later in the 1950s and 1960s they manufactured a number of diesel shunting locomotives for the NZR, the TR class, and some for private users.
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Wikipedia