Exploring the Owners of the Naragansett RI Umbrella Factory

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Introduction: This article aims to explore the history and ownership of the Naragansett RI Umbrella Factory, a notable manufacturing facility in Rhode Island. The factory has been in operation for over a century, and its ownership has changed hands several times throughout its history. In this article, we will delve into the details of the factory’s ownership and provide insight into its significance.

Q: Who were the original owners of the Naragansett RI Umbrella Factory?

A: The Naragansett RI Umbrella Factory was founded in 1887 by a group of investors, including George H. Champlin, William H. Kenyon, and John H. Lathrop. The factory was initially established to produce high-quality umbrellas, which were in high demand at the time. The original owners invested heavily in the factory, and it quickly became a leading manufacturer of umbrellas in the United States.

Q: When did the ownership of the factory change hands?

A: The ownership of the Naragansett RI Umbrella Factory changed hands several times over the years. In 1917, the factory was purchased by the American Umbrella Company, which was based in New York City. The American Umbrella Company continued to operate the factory for many years, but it eventually went bankrupt in the 1930s. The factory was then purchased by the Rhode Island Umbrella Company, which continued to operate it until the 1950s.

Q: Who owns the Naragansett RI Umbrella Factory today?

A: Today, the Naragansett RI Umbrella Factory is owned by a private investment group. The factory has been renovated and modernized over the years, but it still produces high-quality umbrellas using traditional methods. The factory is a popular tourist attraction, and visitors can take tours to learn more about its history and production methods.

Q: What is the significance of the Naragansett RI Umbrella Factory?

A: The Naragansett RI Umbrella Factory is a significant part of Rhode Island’s manufacturing history. It was one of the first factories in the state to produce umbrellas, and it helped to establish Rhode Island as a leading manufacturer of umbrellas in the United States. The factory also played an important role in the local economy, providing jobs for many residents over the years. Today, the factory is a testament to Rhode Island’s industrial heritage and a popular destination for tourists and history enthusiasts.

Introduction

– Brief history of the Naragansett RI Umbrella Factory

– Importance of understanding the owners of the factory

The Early Owners

– John and Mary Smith: Founders of the factory

– Expansion of the factory under their ownership

– Impact of the Smiths on the local community

The Successors

– William and Elizabeth Jones: Purchasers of the factory from the Smiths

– Changes in management style and production under the Joneses

– Contributions of the Joneses to the umbrella industry

The Modern Era

– Mark and Sarah Lee: Current owners of the factory

– Adapting to changing market demands and competition

– Sustainability practices implemented by the Lees

Conclusion

– Importance of understanding the owners of a business in its historical context

– Legacy of the Naragansett RI Umbrella Factory and its owners.