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  2. en.wikipedia.org › wiki › Berkshire_Fine_SpinningBerkshire Fine Spinning Associates - Wikipedia

    In 1955, Malcolm Jr. put together the merger of Berkshire with Hathaway Manufacturing Co., founded in New Bedford, Massachusetts in 1888 by Horatio Hathaway, to form Berkshire Hathaway Inc. By 1958, the complex was closed by Berkshire Hathaway, with Mill #4 having been the last cotton mill in the state's westernmost county. [4]

  3. www.thestreet.com › history-of-berkshire-hathawayHistory of Berkshire Hathaway: Timeline and Facts - TheStreet

    Mar 10, 2020 · After decades of industry growth, Hathaway Manufacturing and Berkshire Fine Spinning Associates merged in 1955. That company, headquartered in Bedford, Mass., employed 12,000 workers and...

  4. www.britannica.com › money › Berkshire-HathawayBerkshire Hathaway | Overview, History, Stock, & Facts ...

    Mar 29, 2024 · Updated: Mar. 29, 2024. Open full sized image. Mario Tama—Getty Images/Thinkstock. Date: 1955 - present. Ticker: BRK.A. Share price: $599500 (mkt close, Apr. 30, 2024) Market cap: $872.22 bil. Annual revenue: $439.34 bil. Earnings per share (prev. year): $25781.37. Sector: Finance. Industry: FIRE, MARINE & CASUALTY INSURANCE. CEO: Warren E. Buffett

  5. www.company-histories.com › Berkshire-Hathaway-IncBerkshire Hathaway Inc. -- Company History

    In 1955 Berkshire Fine Spinning merged with Hathaway Manufacturing Company, a New Bedford, Massachusetts, textile maker dating back to 1888. The resulting company, Berkshire Hathaway Inc., had more than 10,000 employees and nearly six million square feet of plant space, but its financial performance was dismal.

  6. theoraclesclassroom.com › timelineBerkshire Hathaway Interactive Timeline - The Oracle's Classroom

    Berkshire Fine Spinning Associates. Formed in 1929 from combination of Berkshire Cotton Manufacturing, Greylock Mills, Valley Falls, Coventry Co., and Fort Dummer Mills. Merged with Hathaway Manufacturing in 1955 to form Berkshire Hathaway, Inc. 1929.

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  7. www.douglascohistory.org › berkshire-hathawayBerkshire Hathaway: The Company’s Origin | Douglas County ...

    Apr 25, 2019 · Berkshire Fine Spinning Associates merged with Hathaway Manufacturing Company on March 14, 1955. Horatio Hathaway, whose family participated in the Chinese tea trade, bought the textile mill in 1888. At the merger, Berkshire had $120 million in revenue, 15 plants, and 12,000 workers with company headquarters in New Bedford, Massachusetts.

  8. archive.org › download › berkshirehathawayannualBerkshire Fine Spinning Associates and Berkshire Hathaway ...

    Berkshire Hathaway Inc To the Stockholders of Berkshire Hathaway Inc.: Our financial results for 1973 were satisfactory, with operating earnings of $11,930,592, pro¬ ducing a return of 17.4% on beginning stockholders’ equity. Although operating earnings improved from $11.43 to $12.18 per share, earnings on equity decreased from the 19.8% of ...