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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.
In 1941, to purchase supplies for the War, the British government were pressured by the U.S. Government to sell the company to 152 American investment firms in a deal led by Morgan, Stanley & Co. and Dillion, Reed & Co. The 228,480 shares were sold to the public. In 1949, The company passed into the control of the Monsanto Corporation.
Apprenticed to a Spitalfields silk weaver in 1775, George Courtauld first worked on his own as silk throwster. [1] Between 1785 and 1794 he made a number of visits to America. [1]
Realizing that they needed the experience of a specialised textile firm, ICI formed a partnership with Courtaulds, who were leading suppliers of viscose rayon. In January 1940 they registered British Nylon Spinners as a limited company with a nominal capital of £300,000 and took equal shares in the company. The product was badly needed to make ...
By the early 20th century, the Courtauld family business had become a major international company, having successfully developed and marketed rayon, an artificial fibre and inexpensive silk substitute. Samuel Courtauld took charge of the firm from 1908 as director and as chairman from 1921 to 1946.
William Taylor and Robinson & Co with the former still present in 1852 and later William Nutter and Co were documented to run the mill in 1861. Upon its demise in 1875, a company called Marsden and Berry were running the mill. Spindleage: 1915:96,276 Engine:J. Musgrave & Sons 1400hp Presently the site is occupied by Shaw Sheet Metal Co. Ltd. [3 ...
Samuel Courtauld (industrialist) (1793–1881), industrialist and Unitarian, the driving force behind the growth of the Courtaulds textile business; Sir Stephen Courtauld, MC (1883–1967), member of the wealthy English Courtauld textile family