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This page was last edited on 18 February 2017, at 22:29 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Kraemer Hosiery Mills was founded in 1887 by Henry Kraemer and became a leading women's silk hosiery manufacturer. In 1907, the company was purchased by the Schmidt family, and ownership has remained in the family for multiple generations. The Kraemer name was retained as it was established in the marketplace, and became known as Kraemer Textiles.
A new packing and sorting wing was built in 1922 and a new factory acquired on South William Street in Newburgh. [7] However, these investments could not help the partnership survive the Great Depression, and the mills would be sold to the Steinberger family of New York. It has remained in their hands, and in business in some way, ever since.
However, in the 1970s, the depleted industry was challenged by a new technology open-end or break spinning. In 1978 Carrington Viyella opened a factory to do open-end spinning in Atherton. This was the first new textile production facility in Lancashire since 1929. Immediately Pear Mill, Stockport and Alder Mill, Leigh were closed.
Textile manufacturing in the modern era is an evolved form of the art and craft industries. Until the 18th and 19th centuries, the textile industry was a household work. It became mechanised in the 18th and 19th centuries, and has continued to develop through science and technology since the twentieth century. [2]
Field's later purchased more mills to supply its retail and wholesale operation. In 1935, company chairman James O. McKinsey reorganized the firm's 24 textile mills into one manufacturing operation, called Fieldcrest, with headquarters in New York City. In 1953, Fieldcrest was spun off from Field's into a freestanding business.
At the company's height in the 1920s, it owned and operated 60 woolen mills across New England. It is most known for its role in the Lawrence Textile Strike of 1912. The American Woolen Company was the product of the era of trusts. Overproduction, competition and poor management had brought the New England textile industry to its knees by the ...
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