| Date | Text | |
|---|---|---|
23 Feb 1813
Cotton mill |
Cotton mill In 1813, the first cotton mill in the world in which the whole process of cotton manufacturing from spinning to weaving was carried on by power was incorporated in Waltham, Mass., U.S. with a capital of $100,000 as the Boston Manufacturing Company, later known as the Waltham Company. Construction of the mill began later the same year in Waltham, located on the north bank of the Charles River, which it used for water power, and was completed by Nov 1813. America's Industrial Revolution was in progress. By the following year, cloth manufactured in Waltham was for sale in Boston. The factory grew rapidly and soon employed over 200 workers. Labour was paid a fixed wage, and various groups were departmentalized. |
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