A.G. Healing
Encyclopedia
A.G. Healing was an Australia
n manufacturing firm founded in 1896 by Alfred George Healing. Initially producing bicycle
s, in 1912 it became a proprietary company
, with 50 employees and 25,000 icycles produced at the peak of production. The company diversified into the import
ation of radio receivers
in 1933, but with the introduction of tariff
s to imported goods, it moved to the production of their own radios. In 1956 the company commenced manufacturing television set
s, refrigerator
s, and washing machine
s.
In 1959 the company sold the bicycle division to focus on domestic appliances, and took over heavy engineering firm A. E. Goodwin
in 1961. In 1969 the company posted a loss of almost $24 million and went into receivership
, recovering to some degree until failing in 1975, as Australia moved away from economic protectionism
.
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...
n manufacturing firm founded in 1896 by Alfred George Healing. Initially producing bicycle
Bicycle
A bicycle, also known as a bike, pushbike or cycle, is a human-powered, pedal-driven, single-track vehicle, having two wheels attached to a frame, one behind the other. A person who rides a bicycle is called a cyclist, or bicyclist....
s, in 1912 it became a proprietary company
Proprietary company
A proprietary company is a form of corporation in Australia and South Africa that is either limited or unlimited. However, unlike a public company there are, depending on jurisdiction, restrictions on what they can and cannot do....
, with 50 employees and 25,000 icycles produced at the peak of production. The company diversified into the import
Import
The term import is derived from the conceptual meaning as to bring in the goods and services into the port of a country. The buyer of such goods and services is referred to an "importer" who is based in the country of import whereas the overseas based seller is referred to as an "exporter". Thus...
ation of radio receivers
Receiver (radio)
A radio receiver converts signals from a radio antenna to a usable form. It uses electronic filters to separate a wanted radio frequency signal from all other signals, the electronic amplifier increases the level suitable for further processing, and finally recovers the desired information through...
in 1933, but with the introduction of tariff
Tariff
A tariff may be either tax on imports or exports , or a list or schedule of prices for such things as rail service, bus routes, and electrical usage ....
s to imported goods, it moved to the production of their own radios. In 1956 the company commenced manufacturing television set
Television set
A television set is a device that combines a tuner, display, and speakers for the purpose of viewing television. Television sets became a popular consumer product after the Second World War, using vacuum tubes and cathode ray tube displays...
s, refrigerator
Refrigerator
A refrigerator is a common household appliance that consists of a thermally insulated compartment and a heat pump that transfers heat from the inside of the fridge to its external environment so that the inside of the fridge is cooled to a temperature below the ambient temperature of the room...
s, and washing machine
Washing machine
A washing machine is a machine designed to wash laundry, such as clothing, towels and sheets...
s.
In 1959 the company sold the bicycle division to focus on domestic appliances, and took over heavy engineering firm A. E. Goodwin
A. E. Goodwin
A. E. Goodwin was an Australian heavy engineering firm, which produced railway locomotives and rolling stock, as well as roadmaking machinery....
in 1961. In 1969 the company posted a loss of almost $24 million and went into receivership
Receivership
In law, receivership is the situation in which an institution or enterprise is being held by a receiver, a person "placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights." The receivership remedy is an equitable remedy that emerged in...
, recovering to some degree until failing in 1975, as Australia moved away from economic protectionism
Protectionism
Protectionism is the economic policy of restraining trade between states through methods such as tariffs on imported goods, restrictive quotas, and a variety of other government regulations designed to allow "fair competition" between imports and goods and services produced domestically.This...
.