Textile Machinery Makers Ltd
Encyclopedia
In the recession of the 1930s, Platt Brothers
, Howard and Bullough
, Brooks and Doxey
, Asa Lees
, Dobson and Barlow
, Joseph Hibbert, John Hetherington
and Tweedales and Smalley merged to become Textile Machinery Makers Ltd., but the individual units continued to trade under their own names until the 1970, when they were rationalised into one company called Platt UK Ltd. In 1991 the company name changed to Platt Saco Lowell.
The Globe works closed in 1993.
provided the office space and Bullough became chairman of a cartel of British textile machine manufacturing companies. They faced a problem of massive overcapacity. They chose to maintain prices, close four of their sites and to acquire control of their competitors. This was achieved by 1938. In 1933, Platts bought a controlling share of Tweedales and Smalley, putting three if its directors onto the Tweedales board, markets were then amicable divided. Next Taylor, Lang & Co Ltd
. of Stalybridge was acquired.
The capital of the member firms was reduced by 81%.
There was an attempt to unify the design of the machines of member companies, particularly the ring frames of Platts and Howard & Bullough. No attempt was made to diversify into different sectors.
Platt Brothers
Platt Brothers & Co Ltd, was a British company based at Oldham, in North West England. They were textile machinery manufacturers, iron founders and colliery proprietors, and by the end of the 19th century, had become the largest textile machinery company in the world, employing over 12,000 workers...
, Howard and Bullough
Howard & Bullough
Howard & Bullough was a firm of textile machine manufacturers in Accrington, Lancashire. They were the world's major manufacturer of power looms in the 1860s.-History:...
, Brooks and Doxey
Brooks & Doxey
Brook & Doxey was a textile machinery manufacturer from West Gorton, Manchester in England. It was founded in 1859. It was incorporated in 1920. The company used the Union Iron Works, West Gorton. The company also had a factory in Stockport....
, Asa Lees
Asa Lees
Asa Lees was a firm of textile machine manufacturers in Oldham, Lancashire. Their headquarters was the Soho Iron Works, Greenacres. It was second only in size to Platt Brothers.-Early history:...
, Dobson and Barlow
Dobson & Barlow
Dobson and Barlow were textile machinery manufacturers from Bolton. The partnership was founded in 1851 between Benjamin Dobson and Edward Barlow, building on a production facilities extending back to 1790.-Later history:...
, Joseph Hibbert, John Hetherington
John Hetherington & Sons
John Hetherington & Sons was a textile machinery manufacturer from Ancoats, Manchester in England. It was founded in 1830. Thecompany gradually expanded and acquired a number of factory buildings in Ancoats. It established the Vulcan Works on Pollard Street in around 1856 and left these buildings...
and Tweedales and Smalley merged to become Textile Machinery Makers Ltd., but the individual units continued to trade under their own names until the 1970, when they were rationalised into one company called Platt UK Ltd. In 1991 the company name changed to Platt Saco Lowell.
The Globe works closed in 1993.
History
Textile Machinery Makers Ltd was registered in 1931 when Platt BrothersPlatt Brothers
Platt Brothers & Co Ltd, was a British company based at Oldham, in North West England. They were textile machinery manufacturers, iron founders and colliery proprietors, and by the end of the 19th century, had become the largest textile machinery company in the world, employing over 12,000 workers...
provided the office space and Bullough became chairman of a cartel of British textile machine manufacturing companies. They faced a problem of massive overcapacity. They chose to maintain prices, close four of their sites and to acquire control of their competitors. This was achieved by 1938. In 1933, Platts bought a controlling share of Tweedales and Smalley, putting three if its directors onto the Tweedales board, markets were then amicable divided. Next Taylor, Lang & Co Ltd
Taylor, Lang & Co
Taylor, Lang & Co was a textile machinery manufacturer from Stalybridge, Greater Manchester in UK.- History:The Company was founded in 1852 as a tradesmen's co-operative with twenty-three members James Taylor, John Storrs, Samuel Booth, Henry England, William C...
. of Stalybridge was acquired.
The capital of the member firms was reduced by 81%.
There was an attempt to unify the design of the machines of member companies, particularly the ring frames of Platts and Howard & Bullough. No attempt was made to diversify into different sectors.