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Courtaulds was a United Kingdom-based manufacturer of fabric, clothing, artificial fibres, and chemicals. It was established in 1794 and became the world's leading man-made fibre production company before being broken up in 1990 into Courtaulds plc and Courtaulds Textiles Ltd .
In 1827 Stephen Beuzeville was declared bankrupt; a formal deed of sale dated 11 April 1828 was created between the commissioners in bankruptcy and Samuel Courtauld, whereby Halstead Mill (subject to charges of £300) was sold to Courtaulds for a cash payment of £1,500. Stephen and his father joined Courtaulds as employees.
It had a 26 ft flywheel with 35 ropes operating at 67 rpm then 68 rpm. In 1950, in LCC ownership it had both 96,000 ring and 20,000 mule spindles. By 1964, it was in the Courtaulds Group. In the late 1980s, as Courtaulds moved operations to other parts of the world, the mill was bought by Littlewoods. [17]
The fiber was developed by Courtaulds Fibres under the brand name "Tencel" in the 1980s. In 1982, a 100-kg/week pilot plant was built in Coventry, UK, and production increased tenfold (to a ton/week) in 1984. In 1988, a 25-ton/week semi-commercial production line opened at the Grimsby, UK, pilot plant. [15] [12]
Which became bankrupt and refloated as Briar Mill (1920) Ltd. Sometime in the mid-1950s it was occupied by the Lancashire Cotton Corporation and later Courtaulds Ltd. in 1964. It ceased all cotton production in 1988 when it was converted for warehousing and distribution of catalogue items by a company which was then known as J.D. Williams Ltd.
Oldham rose to prominence during the 19th century as an international centre of textile manufacture.It was a boomtown of the Industrial Revolution, and amongst the first ever industrialised towns, rapidly becoming "one of the most important centres of cotton and textile industries in England", [3] spinning Oldham counts, the coarser counts of cotton.