Nashua Manufacturing Company Explained

The Nashua Manufacturing Company was a cotton textile manufacturer in Nashua, New Hampshire, 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 mills it struggled during the Depression. It shut in 1947, when much of the industry had moved South for cheaper labor and land.[1]

History

Nashua was one of several towns that was established along the Merrimack River to take advantage of water power in the early days of the Industrial Revolution.[2] The most notable mills were the Merrimack mills (founded 1823) in Lowell, Massachusetts,[3] and the Amoskeag mills (founded 1810) at Manchester, New Hampshire,[4] where the Millyard Museum is located.[5]

The Nashua Manufacturing Company was incorporated in 1823 on the initiative of Daniel Abbot.[6] [7] Abbot is considered the "father of Nashua", and he was part of the town when it was renamed from Dunstable, New Hampshire, to Nashua in 1837.[8] He and other citizens began the company after buying up land from the banks of the Merrimack along the Nashua River up to Mine Falls, as they planned to use the falls to power their mills.[9] They hired Asher Benjamin to design the mills, including churches and a grid of streets.[10] [11] The company helped fund the digging of the Nashua power canal.[12] 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.[13]

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.[14] 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.[15] The company owned the largest contiguous portion of these properties encompassing 400 acres and is now protected as Mine Falls Park and the Nashua Manufacturing Company Historic District.[16] [17]

It was acquired by Textron 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.[18] [19] [20]

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.[21] [22]

External links

Archives and records

Notes and References

  1. https://www.jstor.org/stable/23699718?seq=1#page_scan_tab_contents "The Causes of Deindustrialization: The Migration of the Cotton Textile Industry from New England to the South"
  2. Web site: 2010-04-01. A brief history of the Merrimack. 2021-06-24. New Hampshire Magazine. en-US.
  3. Web site: 2006-10-25. A chance to protect living, flowing history. 2021-06-24. Lowell Sun. en-US.
  4. Web site: Lalli. James. 2020-11-12. Check out these historic sites in the Merrimack Valley. 2021-06-24. WMUR. en.
  5. Web site: 11 March 2001. A new museum will weave story of Manchester's past. 2021-06-24. Newspapers.com. en.
  6. Web site: 17 August 1916. History of the Nashua Manufacturing Co.. 2021-06-24. Newspapers.com. en.
  7. Web site: 24 October 1975. History of Nashua is Program Topic. 2021-06-24. Newspapers.com. en.
  8. Web site: 9 March 1951. Around the Town. 2021-06-24. Newspapers.com. en.
  9. Book: Webster, Kimball. History of Hudson, N.H.: Formerly a Part of Dunstable, Mass., 1673-1733, Nottingham, Mass., 1733-1741, District of Nottingham, 1741-1746, Nottingham West, N.H., 1746-1830, Hudson, N.H., 1830-1912. 1913. Granite State Publishing Company. 402–04. en.
  10. Web site: 25 May 1960. Around the Town. 2021-06-25. Newspapers.com. en.
  11. http://www.gonashua.com/677/History-of-Nashua History of Nashua
  12. Web site: 29 June 1971. Textile Mills Aided City's Development. 2021-06-25. Newspapers.com. en.
  13. Web site: 30 June 1962. The Old Nashua Manufacturing Co Started Its Mills Here in 1825. 2021-06-25. Newspapers.com. en.
  14. Web site: 31 January 1976. Indian Head Bank, Nashua, Marks 125th Anniversary. 2021-06-25. Newspapers.com. en.
  15. Book: Coolidge. Austin Jacobs. A History and Description of New England, General and Local: Maine, New Hampshire, and Vermont. Mansfield. John Brainard. 1859. A.J. Coolidge. en.
  16. Web site: Mine Falls Park advisory committee offers historic Gatehouse tour. 2021-06-25. nashuatelegraph.com. en-US.
  17. Web site: National Register of Historic Places Inventory - Nomination Form: Nashua Manufacturing Company Historic District.
  18. https://www.nashuanh.gov/677/History-of-Nashua Nashuanh.gov: History of Nashua
  19. Web site: 29 June 1971. Textile Mills Aided City's Development. 2021-06-25. Newspapers.com. en.
  20. Web site: 29 July 1947. The Little Plan... for Nashua Mfg. Co. 2021-06-25. Newspapers.com. en.
  21. Web site: 15 February 2007. Nashua Looks Inward. 2021-06-25. Newspapers.com. en.
  22. Web site: 15 February 2007. Nashua, looking inward, OK's downtown residences. 2021-06-25. Newspapers.com. en.

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