Founded 1831 | Number of employees 17,300 (1992) | |
Subsidiaries Pillowtex CorporationBangor and Aroostook RailroadLogistics Management Systems, Inc. | ||
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. 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 Wikipedia(Text) CC BY-SA