The Lancashire Cotton Corporation was a company set up by the Bank of England in 1929, to rescue the Lancashire spinning industry by means of horizontal rationalisation. In merged 105 companies, ending up in 1950 with 53 operating mills. It was bought up by Courtaulds in August 1964.
Other articles related to "cotton, lancashire cotton corporation":
... It may have left cotton in 1818 ... the mill until 1930 when it was sold to the Lancashire Cotton Corporation which closed it in 1935, and the buildings were put to other uses ... They were all sold to the Lancashire Cotton Corporation in 1930 and been closed ...
... Greater Manchester portal List of mills owned by the Lancashire Cotton Corporation Limited. ...
Famous quotes containing the words corporation and/or cotton:
“The nearest the modern general or admiral comes to a small-arms encounter of any sort is at a duck hunt in the company of corporation executives at the retreat of Continental Motors, Inc.”
—C. Wright Mills (19161962)
“We are constituted a good deal like chickens, which, taken from the hen, and put in a basket of cotton in the chimney-corner, will often peep till they die, nevertheless; but if you put in a book, or anything heavy, which will press down the cotton, and feel like the hen, they go to sleep directly.”
—Henry David Thoreau (18171862)