Amoskeag Company: Difference between revisions
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The '''Amoskeag Company''' is an American holding and operating company. It is the successor to the [[Amoskeag Manufacturing Company]] of [[New Hampshire]], and was the last owner of the Fieldcrest Mills in [[North Carolina]].<ref>{{cite web|title=Amoskeag Company History|url=http://www.fundinguniverse.com/company-histories/amoskeag-company-history/|website=Funding Universe|accessdate=20 November 2015}}</ref><ref>{{cite web|title=History of Fieldcrest Cannon, Inc.|url=http://www.fundinguniverse.com/company-histories/fieldcrest-cannon-inc-history/|website=Funding Universe|accessdate=20 November 2015}}</ref> |
The '''Amoskeag Company''' is an American holding and operating company. It is the successor to the [[Amoskeag Manufacturing Company]] (AMC) of [[New Hampshire]], and was the last owner of the Fieldcrest Mills in [[North Carolina]].<ref>{{cite web|title=Amoskeag Company History|url=http://www.fundinguniverse.com/company-histories/amoskeag-company-history/|website=Funding Universe|accessdate=20 November 2015}}</ref><ref>{{cite web|title=History of Fieldcrest Cannon, Inc.|url=http://www.fundinguniverse.com/company-histories/fieldcrest-cannon-inc-history/|website=Funding Universe|accessdate=20 November 2015}}</ref> When the profits of AMC starting going downhill in the mid-1920s, the new Amoskeag company was created, and all of the profits from the booming years were transferred into it so that in 1936, when AMC declared bankruptcy, that money would be untouchable. This allowed Amoskeag to continue on. |
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==References== |
==References== |
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[[Category:Holding companies]] |
[[Category:Holding companies]] |
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Revision as of 08:34, 31 March 2016
| Predecessor | Amoskeag Manufacturing Company |
|---|---|
| Founded | 1831 |
| Headquarters | 4500 Prudential Center, , |
Number of employees | 17,300 (1992) |
| Subsidiaries | Pillowtex Corporation Bangor and Aroostook Railroad |
The Amoskeag Company is an American holding and operating company. It is the successor to the Amoskeag Manufacturing Company (AMC) of New Hampshire, and was the last owner of the Fieldcrest Mills in North Carolina.[1][2] When the profits of AMC starting going downhill in the mid-1920s, the new Amoskeag company was created, and all of the profits from the booming years were transferred into it so that in 1936, when AMC declared bankruptcy, that money would be untouchable. This allowed Amoskeag to continue on.
References
- ^ "Amoskeag Company History". Funding Universe. Retrieved 20 November 2015.
- ^ "History of Fieldcrest Cannon, Inc". Funding Universe. Retrieved 20 November 2015.
 | This article needs additional or more specific categories. (November 2015) |