Friday, April 8, 2011

Q

The company now owns a diverse range of businesses including railroads, confectionery, retail, home furnishings, encyclopedias, manufacture of vacuum cleaners, jewelry sales; newspaper publishing; manufacture and distribution of uniforms; as well as several regional electric and gas utilities. The company traces its roots to a textile manufacturing company established by Oliver Chace in 1839 as the Valley Falls Company in Valley Falls, Rhode Island. The company went through a course of mergers and got its current name. The company suffered during a general decline in the textile industry after World War I. At this time, It was run by Seabury Stanton, whose investment efforts were rewarded with renewed profitability after the Depression. Which Co ?

A-Berkshire Hathaway

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