The new owners said production would continue, albeit, at least in the short term, only for the UK market, but it is not clear whether any additional cars were built. In July 1971 it was reported that the Rob Walker Group of Companies, a principal dealer, had acquired the stocks and assets and established a new company, Marcos Ltd. Problems with exporting cars to the US and the move to the expensive new premises led to financial troubles, and in 1971 Marcos went out of business. The company moved to a converted mill in Bradford on Avon, Wiltshire, in 1963 in 1971 they relocated to a £125,000 purpose-built factory at nearby Westbury. Costin had earlier worked on the de Havilland Mosquito fighter-bombers and from there he got the idea to use plywood for the chassis. Marcos was founded in Dolgellau, North Wales, in 1959, by Speedex cars' Jem Marsh with aerodynamicist Frank Costin. The name derives from the surnames of founders Jem Marsh and Frank Costin. Marcos Engineering was a British sports car manufacturer.
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