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The company was founded by George Courtauld and his cousin Peter Taylor (1790–1850) in 1794 as a silk, crepe and textile business at Pebmarsh in north Essex trading as George Courtauld & Co. In 1810, his American -born son Samuel Courtauld was managing his own silk mill in Braintree, Essex .
George was born on 19 September 1761 to Samuel Courtauld and Louisa Ogier. [2] George Courtauld married Ruth Minton [3] on 10 July 1789. Their children were: Samuel Courtauld (1793–1881) Catherine Courtauld (1795-) George Courtauld (1802–1861)
The American Viscose Company was established in 1909 as the American wing of Courtaulds, a British textile company specializing in silk. [3] The company patented the method of production of viscose (also known as artificial silk, and later, rayon), and built its first United States plant at Marcus Hook, Pennsylvania, in 1910. [3] Demand was ...
The 228,480 shares were sold to the public. In 1949, The company passed into the control of the Monsanto Corporation. (Courtaulds resumed manufacture of rayon in the United States in 1952, at a new plant in Axis, Alabama). [4] In 1963 it was purchased by FMC Corporation. In 1974 the plant in Parkersburg, West Virginia was closed. FMC sold off ...
The Courtauld Silk Mill in Halstead, Essex. Samuel Courtauld (c. 1793 – 22 March 1881) was a British industrialist who developed his family firm, Courtaulds, to become eventually the world's largest textile company.
In 1824 he joined his elder brother, Samuel Courtauld to work in the rapidly expanding silk and crepe manufactory. After a four-year apprenticeship in the business, he had earned his place on the board of management and in 1828, he took his place with his brother Samuel Courtauld and with Peter Taylor (1790-1850), the partner and cousin of his father the elder George, to become the junior ...
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The company became the third largest rayon manufacturer in the United States after Courtaulds and DuPont. [17] In 1930 VGF used lawsuits as a bargaining counter with Châtillon S.p.A. to ensure that imports of rayon from Italy to Germany were controlled. [ 12 ]