Description:
Workers at the American Woolen company. Lawrence, Massachusetts, was one of the most important textile towns in the United States. Around 1900, its principal mills were those of the American Woolen Company, whose yearly output was worth $45,000,000. The woolen and cotton mills in the area employed over 40,000 people. The American Woolen Company, formed in 1899 by William Wood of Lawrence, MA and Charles Fletcher of Providence, RI, was a combine, a conglomeration, and so owned the Riverside, Valley, Weybosset, Manton, and Providence and National Worsted Mills. By 1924, the combine owned 60 New England woolen and worsted mills. The company ultimately became Textron. |