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Fine Spinners and Doublers

From Wikipedia, the free encyclopedia
UK business

Fine Cotton Spinners and Doublers
IndustryTextiles
Founded1898
Defunct1963
FateAcquired
SuccessorCourtaulds
HeadquartersManchester,UK

Fine Spinners and Doublers was a majorcotton spinning business based inManchester, England. At its peak it was a constituent of theFT 30 index of leading companies on theLondon Stock Exchange.

History

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Reddish Mill, a FCSDA mill

Formation

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Fine Spinners and Doublers, formed from a group of spinning companies specialising in fineSea Island Cottons, was registered on 31 March 1898.[1] The Fine Cotton Spinners and Doublers Association Limited had the objective of promoting the interests of cotton spinners inNorth West England.[2] It was founded through the efforts ofHerbert Dixon and Scott Lings in 1897. Businesses that joined in this enterprise at the time includedA&G Murray Ltd,Houldsworths, CE Bennett & Co, James & Wainwright Bellhouse andMcConnell & Co; but many more followed in subsequent years.[2][3]

The new association was vast compared with its competitors and its large size enabled it to secure its supplies of cotton from theSea Island and Egypt.[2]For thirty years it was the world's largest cotton-spinning concern, expanding to operate 60 mills and employ 30,000 operatives.[3]

First World War

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In 1915, its vice-president, McConnel was on theRMS Lusitania when she was sunk by enemy action. He survived and wrote an account of the sinking which was published in theManchester Guardian.[4]

Contraction

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In 1938Lancashire Cotton Corporation replaced Fine Cotton Spinners and Doublers in theFT 30 as the latter completed a capital reduction and reorganisation programme.[5]

On 16 June 1940 production was stepped up order ofLord Beaverbrook.Sunday working anddouble shifts were introduced in a plan to quadruple production in order to manufacture defensivebarrage balloons. At peak of production 10 mills were used to output 91,000 kilograms (200,000 lb) of fine super-combed yarn a week; that is 50% of the industry total.[6] Fine super-combed yarn was needed forparachutes andcamouflage netting. It was also used for constructingpneumatic heavy lifting gear and inflatabledecoy artillery.[7]

In 1946 the name of the business was changed toFine Spinners' and Doublers' Limited.[2][8] There were 62 firms making up the Association. It owned 107spinning anddoubling mills, a pilot production plant, aweaving mill, amercerising plant a large research establishment and a 16,000 hectares (39,000 acres)cotton plantation.[9]

During the next five years there was a sustained boom in the textile industry owing to the worldwide shortage of cotton goods. Yarn production increased by 50 percent but output contracted by 28 percent; the Lancashire industry had collapsed.[8]

Closure

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Fine Spinners and Doublers was acquired byCourtaulds in 1963.[10]

References

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Notes

  1. ^Fine Cotton Spinners and Doublers Association, Graces Guide, retrieved27 August 2011
  2. ^abcd"Bellhouse history"(PDF). Archived fromthe original(PDF) on 15 May 2005. Retrieved21 March 2008.
  3. ^abMiller & Wild 2007, p. 88
  4. ^McConnel, J.W. (10 May 1915),LANCASHIRE SPINNER'S EXPERIENCE.Under The Sea And Back Again., Manchester Guardian
  5. ^FT 30 History
  6. ^Fine Cotton Spinners and Doublers Association 1947, p. 41.
  7. ^Fine Cotton Spinners and Doublers Association 1947, p. 51-61.
  8. ^abMiller & Wild 2007, p. 91
  9. ^Fine Cotton Spinners and Doublers Association 1947, p. 18.
  10. ^"History of Bamford Mill". Archived fromthe original on 7 July 2011. Retrieved23 March 2008.

Bibliography

  • Miller, Ian; Wild, Chris (2007),A & G Murray and the Cotton Mills of Ancoats, Lancaster Imprints,ISBN 978-0-904220-46-9
  • Fine Cotton Spinners and Doublers Association (1947). Richard Potts and Partners Ltd (ed.).Behind the Distaff: An account of the activities of Fine Cotton Spinners and Doublers Association Limited. London, EC4: Fine Cotton Spinners and Doublers Association Limited.{{cite book}}: CS1 maint: location (link)

External links

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United Kingdom Original companies ofFT 30 in the United Kingdom
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