Oliver Chace - Manufacturing Career and Legacy

Manufacturing Career and Legacy

As a young man, Chace worked as a carpenter for Samuel Slater, who established of the first successful textile mill in the Americas at Pawtucket, Rhode Island in 1793. In 1806 Chace eventually started his own textile mill in Swansea, Massachusetts and then the Troy Cotton & Woolen Manufactory in 1813 in Fall River, Massachusetts and the Pocasset Manufacturing Company in 1821, also at Fall River. He later acquired and reorganized the Valley Falls Company in Valley Falls, Rhode Island in 1839.

The Valley Falls Company would eventually acquire the Albion Mills, Tar-Kiln Factory in Burrillville, Manville Mills in Rhode Island, and Moodus Cotton Factory in Connecticut.

Oliver Chace's sons would also be involved in the textile industry of Fall River, Massachusetts and Valley Falls, Rhode Island, as well as other locations in the area.

He was also the father-in-law of Elizabeth Buffum Chace, a noted 19th century activist in the Anti-Slavery, Women's Rights, and Prison Reform Movements.

Oliver Chace died in on May 21, 1852 and was buried in the Old Quaker Burial Ground in Providence on Olive Street. In 1929, the Valley Falls Company, and others would combine with the Berkshire Manufacturing Company of Adams, Massachusetts to become Berkshire Fine Spinning Associates. In 1955, Berkshire Fine Spinning Associates would merge with Hathaway Manufacturing Company of New Bedford, Massachusetts to become Berkshire Hathaway, the company acquired by investor Warren Buffett in 1965.

Oliver Chace's great-great-great-grandson, Malcom Greene Chace III, remained a director of Berkshire Hathaway until 2007, when he was replaced by Susan Decker.

Read more about this topic:  Oliver Chace

Other articles related to "career":

Derek Walcott - Biography - Career - Oxford Professor of Poetry Candidacy
... Ruth Padel, also a chief candidate, was elected to the post ... Within days, The Telegraph reported that she had alerted journalists to the harassment cases ...
Johnny Bench - Major League Career Statistics
... Bench had 2048 hits for a.267 career batting average with 389 home runs and 1,376 RBI during his 17-year Major League career, all spent with the Reds ... He retired as the career home run leader for catchers, a record which stood until surpassed by Carlton Fisk and the current record holder, Mike Piazza ... In his career, Bench earned 10 Gold Gloves, was named to the National League All-Star team 14 times, and won two Most Valuable Player Awards ...
Van Morrison - Caledonia
... The name "Caledonia" has played a prominent role in Morrison's life and career ... has referred to Caledonia so many times in his career that he "seems to be obsessed with the word" ... Morrison seemed deeply interested in his paternal Scottish roots during his early career, and later in the ancient countryside of England, hence his repeated use of the term Caledonia (an ancient ...
Kelly Osbourne - Career - The Osbournes
... Both she and the Osbourne family have been parodied in Channel 4 comedy, Bo' Selecta in which the rubber-masked Kelly, played by Leigh Francis, has her own show and is always being censored for swearing with bleeps ... In March 2009, Osbourne returned to television with the rest of the Osbourne family on Osbournes Reloaded. ...
Enoch Powell - Personal Life
... the settled and happy family life that was essential to his political career ... Irish Home Rule in 1886 as the pivotal point of his career, rather than the adoption of tariff reform, and contained the famous line "All political lives, unless they are cut ... as putting conscience and duty to his constituents before loyalty to his party or the sake of his career ...

Famous quotes containing the words legacy and/or career:

    What is popularly called fame is nothing but an empty name and a legacy from paganism.
    Desiderius Erasmus (c. 1466–1536)

    They want to play at being mothers. So let them. Expressing tenderness in their own way will not prevent girls from enjoying a successful career in the future; indeed, the ability to nurture is as valuable a skill in the workplace as the ability to lead.
    Anne Roiphe (20th century)