Reorganisation Of
p. 79 · Read in the full issue
Anderson’S Industries
Prom Our Own Correspondent
Port Moresby, March 10.
Anderson’S Island Industries
LIMITED has changed its name to Anderson’s Pacific Trading Company Limited, and the business has been re organised with a capital of half a million pounds.
The firm’s interests include meat freezers at Port Moresby, Lae and Rabaul, a slipway and tug service at Rabaul, and a fleet of fishing boats which is now being organised.
It was a good day for the Territory when the Managing Director, Mr. A. W.
Anderson, decided he liked Island life.
He now is developing a big fishing in dustry with the dual objective of supply ing Island requirements and building up an export trade with Australia. In due time a modern fishing fleet will no doubt be in operation along the Territory Coast line.