Fine Spinners and Doublers was a major cotton spinning business based in Manchester, England. At its peak it was a constituent of the FT 30 index of leading companies on the London Stock Exchange.
History
Reddish Mill, a FCSDA mill
Formation
Fine Spinners and Doublers, formed from a group of spinning companies specialising in fine Sea Island Cottons, was registered on 31 March 1898.[1] The Fine Cotton Spinners and Doublers Association Limited had the objective of promoting the interests of cotton spinners in North West England.[2] It was founded through the efforts of Herbert Dixon and Scott Lings in 1897. Businesses that joined in this enterprise at the time included A&G Murray Ltd, Houldsworths, CE Bennett & Co, James & Wainwright Bellhouse and McConnell & Co; but many more followed in subsequent years.[2][3]
The new association was vast compared with its competitors and its large size enabled it to secure its supplies of cotton from the Sea Island and Egypt.[2]
For thirty years it was the world's largest cotton-spinning concern, expanding to operate 60 mills and employ 30,000 operatives.[3]
First World War
In 1915, its vice-president, McConnel was on the RMS Lusitania when she was sunk by enemy action. He survived and wrote an account of the sinking which was published in the Manchester Guardian.[4]
Contraction
In 1938 Lancashire Cotton Corporation replaced Fine Cotton Spinners and Doublers in the FT 30 as the latter completed a capital reduction and reorganisation programme.[5]
On 16 June 1940 production was stepped up order of Lord Beaverbrook. Sunday working and double shifts were introduced in a plan to quadruple production in order to manufacture defensive barrage balloons. At peak of production 10 mills were used to output 91,000 kilograms (200,000 lb) of fine super-combed yarn a week; that is 50% of the industry total.[6] Fine super-combed yarn was needed for parachutes and camouflage netting. It was also used for constructing pneumatic heavy lifting gear and inflatable decoy artillery.[7]
In 1946 the name of the business was changed to Fine Spinners' and Doublers' Limited.[2][8] There were 62 firms making up the Association. It owned 107 spinning and doubling mills, a pilot production plant, a weaving mill, a mercerising plant a large research establishment and a 16,000 hectares (39,000 acres) cotton plantation. [9]
During the next five years there was a sustained boom in the textile industry owing to the worldwide shortage of cotton goods. Yarn production increased by 50 percent but output contracted by 28 percent; the Lancashire industry had collapsed.[8]
Closure
Fine Spinners and Doublers was acquired by Courtaulds in 1963.[10]
Miller, Ian; Wild, Chris (2007), A & G Murray and the Cotton Mills of Ancoats, Lancaster Imprints, ISBN978-0-904220-46-9
Fine Cotton Spinners and Doublers Association (1947). Richard Potts and Partners Ltd (ed.). Behind the Distaff: An account of the activities of Fine Cotton Spinners and Doublers Association Limited. London, EC4: Fine Cotton Spinners and Doublers Association Limited.{{cite book}}: CS1 maint: location (link)
