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The Amoskeag Manufacturing Company was a textile manufacturer which founded Manchester, New Hampshire, United States. From modest beginnings it grew throughout the 19th century into the largest cotton textile plant in the world. [ 1 ]
The project was the idea of Bob Bland, a New York fashion designer who secured a $50,000 grant from the U.S. Small Business Administration to found Manufacture New York and locate an incubator space in the city. [6] In 2016, the Brooklyn Innovation Hub became a member of Advanced Functional Fabrics of America. [7] [8]
WestPoint Home, Inc. as it is known today is the result of the mergers of three of the oldest companies in the textile industry: J.P. Stevens & Co., Inc. (est. 1813 in Massachusetts incorporated 1899), Pepperell Manufacturing Company (est. 1851 in Maine), and West Point Manufacturing Company (est. 1880 in Georgia).
The company made consumer products for the first time. [6] In 1959, Elliott Springs died and H.W. Close became president of The Springs Cotton Mills and Springs Mills Inc., adding new plants and products and making Springs a publicly traded company in 1966. [7] A new sales office in New York City, the Springs Mills Building, opened in 1963. [8]
In 2004, the company purchased luxury department store chain Barneys New York for $400 million, and sold it, in September 2007, to Dubai-based investment firm Istithmar for $942.3 million. In December 2013, Sycamore Partners , which is managed by Stefan L. Kaluzny, purchased the Jones Group for about US$ 2.2 billion.
In 1922, the UTW was one of the leaders of the 1922 New England Textile Strike. Occurring primarily in Massachusetts, New Hampshire, and Rhode Island, the strike involved 40,000–50,000 workers who refused to work for approximately 200 days. [5] [6] This was alongside the IWW & ACTWU. [5]