American Firm Confident In Britain’s Future: Wool Industry Investment
American confidence in the future of Britain was demonstrated by the purchase, at a reported cost of 1,000,000 dollars, of a 150-year-old Yorkshire woollen mill by a Washington tailoring firm. According to information received by the New Zealand Wool Board the mill last year produced fabrics worth 400,000 dolars, operating at half capacity. The plant has 240 looms. Production is to be stepped up, and most of it will ■go to the United States where British woollen goods are regarded as the world’s best.
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https://paperspast.natlib.govt.nz/newspapers/BPB19480406.2.21
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Bay of Plenty Beacon, Volume 12, Issue 35, 6 April 1948, Page 4
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93American Firm Confident In Britain’s Future: Wool Industry Investment Bay of Plenty Beacon, Volume 12, Issue 35, 6 April 1948, Page 4
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