![]() There were also plans to work with existing outlets in countries such as China. A joint selling agency was established at 17 Grosvenor Gardens in London with trading companies in Italy, France and Belgium, the objective being an increase of sales of British machines in the colonies and other countries. ![]() The idea behind the Association was to avoid duplication in manufacture and for each firm to specialise in producing a narrow range of machines, thereby averting unnecessary competition. ![]() The offices were at 34 Victoria Street, London. Working with an initial capital of £100,000, the founding firms were all manufacturers of high-quality machines. Associated British Machine Tool Makers Ltd or ABMTM was a trade association of British machine tool builders, established on 14 February 1917.
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