Nashua Manufacturing Company
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The Nashua Manufacturing Company was a
cotton Cotton (), first recorded in ancient India, is a soft, fluffy staple fiber that grows in a boll, or protective case, around the seeds of the cotton plants of the genus '' Gossypium'' in the mallow family Malvaceae. The fiber is almost pure ...
textile Textile is an Hyponymy and hypernymy, umbrella term that includes various Fiber, fiber-based materials, including fibers, yarns, Staple (textiles)#Filament fiber, filaments, Thread (yarn), threads, and different types of #Fabric, fabric. ...
manufacturer in
Nashua, New Hampshire Nashua () is a city in southern New Hampshire, United States. As of the 2020 United States census, 2020 census, it had a population of 91,322, the second-largest in northern New England after nearby Manchester, New Hampshire, Manchester. It is on ...
, that operated from 1823 to 1945. It was one of several textile companies that helped create what became the city of Nashua, creating roads, churches and its own bank as part of the process. Like most New England
textile mill Textile manufacturing or textile engineering is a major industry. It is largely based on the conversion of fibre into yarn, then yarn into fabric. These are then dyed or printed, fabricated into cloth which is then converted into useful good ...
s it struggled during the Depression. It shut in 1947, when much of the industry had moved South for cheaper labor and land.


History

Nashua was one of several towns that was established along the
Merrimack River The Merrimack River (or Merrimac River, an occasional earlier spelling) is a river in the northeastern United States. It rises at the confluence of the Pemigewasset and Winnipesaukee rivers in Franklin, New Hampshire, flows southward into M ...
to take advantage of
water power Hydropower (from Ancient Greek -, "water"), also known as water power or water energy, is the use of falling or fast-running water to produce electricity or to power machines. This is achieved by converting the gravitational potential or kin ...
in the early days of the
Industrial Revolution The Industrial Revolution, sometimes divided into the First Industrial Revolution and Second Industrial Revolution, was a transitional period of the global economy toward more widespread, efficient and stable manufacturing processes, succee ...
. The most notable mills were the Merrimack mills (founded 1823) in
Lowell, Massachusetts Lowell () is a city in Massachusetts, United States. Alongside Cambridge, Massachusetts, Cambridge, it is one of two traditional county seat, seats of Middlesex County, Massachusetts, Middlesex County. With an estimated population of 115,554 in ...
, and the Amoskeag mills (founded 1810) at
Manchester, New Hampshire Manchester is the List of municipalities in New Hampshire, most populous city in the U.S. state of New Hampshire. Located on the banks of the Merrimack River, it had a population of 115,644 at the 2020 United States census, 2020 census. Manches ...
, where the Millyard Museum is located. The Nashua Manufacturing Company was incorporated in 1823 on the initiative of Daniel Abbot. Abbot is considered the "father of Nashua", and he was part of the town when it was renamed from
Dunstable, New Hampshire Dunstable, New Hampshire was a town located in Hillsborough County, New Hampshire. It has been divided into several current cities and towns, including Nashua, Hollis, Hudson, Litchfield, and Merrimack. The town was originally part of a la ...
, to Nashua in 1837. He and other citizens began the company after buying up land from the banks of the Merrimack along the
Nashua River The Nashua River, long,U.S. Geological Survey. National Hydrography Dataset high-resolution flowline dataThe National Map accessed October 3, 2011 is a tributary of the Merrimack River in Massachusetts and New Hampshire in the United States. It ...
up to Mine Falls, as they planned to use the falls to power their mills. They hired
Asher Benjamin Asher Benjamin (June 15, 1773July 26, 1845) was an American architect and author whose work transitioned between Federal architecture and the later Greek Revival architecture. His seven handbooks on design deeply influenced the look of cities and ...
to design the mills, including churches and a grid of streets.History of Nashua
website
The company helped fund the digging of the Nashua power canal. After the canal was complete, the company built more mill buildings and hired more labor, likely helping the town's population rise from 1,142 to 2,417 in the years 1820-1830. In 1835, one of the founders of the company also founded the Nashua Bank, later known as the Indian Head Bank, which used its own currency. The Nashua Manufacturing Company was larger than other mills built during this time and during the 19th and early 20th centuries, bought several other textile manufacturers, including Jackson Company, Indian Head Mills, and Tremont and Suffolk Mills. The company owned the largest contiguous portion of these properties encompassing 400 acres and is now protected as
Mine Falls Park Mine Falls Park is a park in the city of Nashua, New Hampshire, United States. Located in the heart of the city, it was purchased in 1969 from the Nashua, New Hampshire Foundation with city and federal Land and Water Conservation Fund (LWCF) mo ...
and the
Nashua Manufacturing Company Historic District The Nashua Manufacturing Company Historic District in Nashua, New Hampshire, is a historic district (United States), historic district that was listed on the National Register of Historic Places (NRHP) in 1987. It encompasses an area just wes ...
. It was acquired by
Textron Textron Inc. is an American industrial Conglomerate (company), conglomerate based in Providence, Rhode Island. Textron's subsidiaries include Arctic Cat, Bell Textron, Kautex, Textron Aviation (which itself includes the Beechcraft and Cessna b ...
Inc. in 1945. In 1947, Textron liquidated the mill, throwing some 2,000 people out of work when the city had a population of about 25,000. Six of the mill buildings along the Nashua River were converted into apartments in the early 2000s and are now known as Clocktower Place Apartments.


References

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External links


Clocktower Place Apartments


Archives and records


Nashua Manufacturing Company records
at Baker Library Special Collections, Harvard Business School. Companies based in Nashua, New Hampshire History of New Hampshire Manufacturing companies established in 1823 Textile mills in the United States Defunct manufacturing companies based in New Hampshire Manufacturing companies disestablished in 1945 American companies established in 1823 1823 establishments in New Hampshire 1945 disestablishments in New Hampshire 1945 mergers and acquisitions