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Francis Cabot Lowell (April 7, 1775 [1] – August 10, 1817) was an American businessman for whom the city of Lowell, Massachusetts, is named.
The Boston Manufacturing Company was a business that operated one of the first factories in America. It was organized in 1813 by Francis Cabot Lowell, a wealthy Boston merchant, in partnership with a group of investors later known as The Boston Associates, for the manufacture of cotton textiles.
The Merrimack Manufacturing Company is shown as dotted lines (demolished) at the Merrimack River end of the Merrimack Canal. After the death of Francis Cabot Lowell of the Boston Manufacturing Company, his associates (commonly referred to as the Boston Associates) began planning a larger operation in East Chelmsford, Massachusetts, along the Merrimack River.
It houses and displays machinery and artifacts of the industrial revolution from the nineteenth and twentieth centuries. The building was originally built as part of the Boston Manufacturing Company, Francis Cabot Lowell's seminal, fully integrated textile mill. The museum, which was incorporated in 1980 and opened to the public in 1988, takes ...
In 1813, businessman Francis Cabot Lowell formed a company, the Boston Manufacturing Company, and built a textile mill next to the Charles River in Waltham, Massachusetts.. Unlike the earlier Rhode Island System, where only carding and spinning were done in a factory while the weaving was often put out to neighboring farms to be done by hand, the Waltham mill was the first integrated mill in ...
Francis Cabot Lowell died prematurely in 1817, and soon his partners traveled north of Boston to East Chelmsford, Massachusetts, where the large Merrimack River could provide far more power. The first mills formed the Merrimack Manufacturing Company and were running by 1823. [ 5 ]
Paul Moody (May 23, 1779 – July 5, 1831) was a U.S. textile machinery inventor born in Byfield, Massachusetts (Town of Newbury). He is often credited with developing and perfecting the first power loom in America, which launched the first successful integrated cotton mill at Waltham, Massachusetts, in 1814, under the leadership of Francis Cabot Lowell and his associates.
Francis Cabot Lowell sought to create an efficient manufacturing process in the United States that was different than what he saw in Great Britain. His vision relied on his "great faith in the people of New England" and employees "would be housed and fed by the company and remain employed only a few years rather than form a permanently downtrodden underclass".