=+8. Cathcart Industries pIe began trading in 1926 when Theophilus P.

Cathcart started the mechanical engineering business. Success in manufacturing machine tools for the automobile industry allowed Cathcart to expand into engine production, and with the declaration of war, involvement in automobile, aeroplane and marine engine production. These were and are sold world-wide.

The Cathcart family connection with the firm ended in 1955 and since then there have been five different chief executive officers

(CEO). Each can be said to have brought a distinct leadership style to the firm and to have definite ideas on how activities should be organized. For example, John Drake, the penultimate CEO, organized the company by geographical divisions recognizing the distinctions between trading in North America as opposed to the Pacific Rim countries, in Europe as opposed to Africa.

His successor, Emile Fox, restructured Cathcart Industries along functionallines, emphasizing the fact that there was a common technology at the core of all the product ranges. Most recently, James Christopher who was appointed 4 months ago, has explored the possibility of restructuring the firm again, this time on multidivisional product market lines. This appears to mean that where growth and profitability seem merited, a separate marine engine division serving Pacific Rim countries should be recognized or a separate automobile engine division serving Europe, and so on.

Cathcart's consolidated turnover for 1988 was in excess of f2206 million with profits of 098 million.

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