Concept

M. C. D. Borden

Résumé

Matthew Chaloner Durfee Borden (July 18, 1842 – May 27, 1912) was an American textile leader from Fall River, Massachusetts, who, in 1880 reorganized the failed American Print Works into the American Printing Company. In the years that followed, his company would grow to become the largest cloth-printing company in the world, earning him the nickname "the Calico King". His father was Colonel Richard Borden, who founded the Fall River Iron Works. Matthew Borden was born in Fall River, Massachusetts, on July 18, 1842. He was the son of prominent local businessman Richard Borden and Abby Durfee Borden. In 1860, he graduated from Phillips Academy in Andover. He went on to Yale University, obtaining an A.B. degree in 1864, and an A.M. in 1867. At Yale he was a member of Delta Kappa Epsilon and Skull and Bones. In 1865, he married his relative, Harriet M. Durfee of Fall River, with whom he had seven children, including three sons; Bertram Howard, Matthew Sterling and Howard Seymour. His business career began in 1864, when he entered one of New York's leading dry goods house as a stock boy. By 1867 he had become a partner in a New York commission house, where he represented the American Print Works as a selling agent. Borden had inherited a large share of the print works from his father, who died in 1874. However, in 1879, the print works failed, causing him to lose his job in New York. With the help of his older brother, he reorganized the company under the name of The American Printing Company in January 1880. He allied himself with the commission house of J. S. & E. Wright & Co. (later Bliss, Fabyan & Co.) with whom he maintained fruitful relations for many years. One of the partners of Bliss, Fabyan & Co. was Cornelius Newton Bliss, who would later become Secretary of the Interior. In 1887, Borden bought his brother's interest in The American Printing Company. Borden sought to increase profits, and to become independent of the open market. This led him to commence the building of three large cloth mills in Fall River in 1889.

Source officielle

https://en.wikipedia.org/wiki/M._C._D._Borden

À propos de ce résultat

Cette page est générée automatiquement et peut contenir des informations qui ne sont pas correctes, complètes, à jour ou pertinentes par rapport à votre recherche. Il en va de même pour toutes les autres pages de ce site. Veillez à vérifier les informations auprès des sources officielles de l'EPFL.