L.W. Packard
— Preceding unsigned comment added by ~2025-34825-61 (talk)
| ISIN | 🆔 |
|---|---|
| Industry | Textile manufacturing |
| Founded 📆 | |
| Founder 👔 | |
| Headquarters 🏙️ | , , U.S. |
Area served 🗺️ | |
| Products 📟 | Woolen winter clothing |
| Brands |
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| Members | |
Number of employees | |
| 🌐 Website | [Lua error in Module:WikidataIB at line 665: attempt to index field 'wikibase' (a nil value). ] |
| 📇 Address | |
| 📞 telephone | |
L.W. Packard is an American textile company which produced garments domestically from 1916 to 2002 and since 2009 through its Minus33 brand.[1] It began as a woolen mill in Ashland, New Hampshire.[2][better source needed] After 2002, most domestic production ceased as the company pivoted to production in China under its Minus33 brand.[3]
History
L.W. Packard was founded in 1916 when Luther Packard bought an operational mill on the banks of the Squam River.[2]
In 1999, to compete with overseas manufacturing and reduce costs, L.W. Packard began to outsource its yarn manufacturing to Canada and Mexico, and shifted wool production to China.[4] In the late 2000s[specify], L.W. Packard found Chinese partners for its Minus33 label, expanding it into a subsidiary specialized in offshore production of wool products. Company president John Glidden explained the move to offshore manufacturing as necessary for family-owned company to survive in a globalized marketplace, stating "Hopefully a small New England company can make some profit manufacturing in China."[5] In 2002 L.W. Packard shifted all production away from Ashland. In 2021, Minus33 resumed the domestic production of socks after repurchasing some of the old L.W. Packard facilities in Ashland.[6][better source needed]
References
- ↑ "Official Web Site of Town of Ashland, NH" (PDF). ashland.nh.gov.
2002 L.W. Packard ceased manufacturing in Ashland but retains portion of mill for Minus 33, buildings subdivided housing a variety of businesses over time.
- ↑ 2.0 2.1 McCurrry, John W. (January 1996). "L.W. PACKARD: A QUIET LEADER IN LUXURY FABRICS". Textile World.
Packard's history dates from 1840 when the Briggs brothers of Leeds, England, built a woolen mill on the Squam River
- ↑ "Official Web Site of Town of Ashland, NH" (PDF). ashland.nh.gov.
2002 L.W. Packard ceased manufacturing in Ashland but retains portion of mill for Minus 33, buildings subdivided housing a variety of businesses over time.
- ↑ Carter, Carol (18 July 2004). "Where there's a mill". New Hampshire Sunday News. New Hampshire Union Leader. p. D1.
So in 1999, Packard outsourced its yarn-making operations to Mexico and Canada.
- ↑ "With New Textile Rules, US Mill Shuts Down and Turns to Chinese Partner". Voice of America. 30 October 2009.
So the company turned a competitor into a partner. Mr. Glidden signed a joint venture agreement with a manufacturer in Beijing to expand a small subsidiary company he started about five years ago. Minus 33 makes premium long underwear out of super-soft wool. The L.W. Packard president says the business is starting to pick up.
- ↑ "Minus33 Merino Wool Clothing®, Socks, Underwear & Hats". Minus33 Merino Wool Clothing.
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