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Oliver Chace (August 24, 1769 – May 21, 1852) was an American 18th and 19th-century businessman. He was the founder of several New England textile manufacturing companies in the early 19th century, including the Valley Falls Company , the original antecedent of Berkshire Hathaway , which as of 2019 is one of the largest and most valuable ...
- 7
- May 21, 1852 (aged 82), Tiverton, Rhode Island, U.S.
- Industrialist
May 22, 2014 · Oliver Chace was a self-made Yankee mill owner who started a textile empire in New England and became the nucleus of Berkshire Hathaway, one of the largest companies in the world. Learn about his life, achievements, and legacy from this article by the New England Historical Society.
Jul 6, 2015 · It was originally founded in 1839 in Cumberland, Rhode Island, by a former carpenter turned industrialist named Oliver Chace, and his sons Harvey and Samuel B. Chace. The two brothers were ardent ...
- Bill Murphy Jr.
Berkshire Hathaway traces its roots to a textile manufacturing company established by Oliver Chace in 1839 as the Valley Falls Company in Valley Falls, Rhode Island. Chace, who was a carpenter, started working for Samuel Slater, the founder of the first successful textile mill in America. Chace founded his first textile mill in 1806.
- 383,000 (2022)
- US$302.1 billion (2022)
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May 9, 2004 · 1839. Oliver Chace founded what eventually would become Berkshire Hathaway as the Valley Falls Co., Valley Falls, Rhode Island. Chace gained his textile experience with Samuel Slater and started his first plant in 1806. Berkshire Cotton Manufacturing began in Adams, MA in 1889. The two companies merged and became Berkshire Fine Spinning Associates.
May 9, 2014 · Learn about the history, diversification and achievements of Berkshire Hathaway, a multinational holding company run by billionaire Warren Buffett. Founded by Oliver Chace in 1839, it is one of the largest and most successful textile manufacturers in the US.
While everyone associates Berkshire Hathaway with being an investment company, that isn’t how the company started. Founded in 1839 by Oliver Chace in Valley Falls, Rhode Island, Berkshire Hathaway was originally founded as a textile manufacturing firm under the name Valley Falls Company.
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