Why could the site of Quarry Bank Mill be successfully developed by Samuel Greg

Topic: BusinessInternational Marketing
Sample donated:
Last updated: November 3, 2019

To begin developing the business, Greg needed a site, and QBM was suitable for many reasons. Firstly, Styal was situated near several good power and transport links. The River Bollin provided continuous waterpower, and by damming it Greg was able to conserve unused waterpower.

The Bridgewater Canal and roads nearby improved the transport of cotton to the factory.Secondly, the site was large enough to accommodate workers plus QBM itself. Also, the site was significantly cheaper than sites located further south, as northern sites were cheaper at that time. Moreover, the site had some workers who could weave fustian (Lancashire fabric with linen as warp and cotton as weft thread). Fustian weavers were considered very skilled, which proved to be useful in Greg’s target industry.However, to put these workers into action, and to get the site running, Greg needed the technology to weave yarn quickly and efficiently. Arkwright’s water frame was ideal for this, but Greg was unable to use it until the mid-1780s, when Arkwright’s patent expired.

Don't use plagiarized sources.
Get Your Custom Essay on "Why could the site of Quarry Bank Mill be successfully developed by Samuel Greg..."
For You For Only $13.90/page!

Get custom paper

The River Bollin powered this water wheel into production. Then, in 1830, a steam engine provided QBM with a continuous power source, which was much more reliable than waterpower in drought conditions.But to buy this machine (and the site), Greg needed capital, gained mainly through familial links. Initially, he received capital from his uncle, Robert Hyde. Partnered with Nathaniel Hyde, they were wealthy Manchester manufacturers who made a fortune from owning a company which found a better way of organising cloth production other than traditional methods. In his will, Hyde left the £26,000 business to Greg. Now he had enough money to buy the £5,000 site in 1784 and pay workers adequately. Then in 1789, Greg married a Unitarian, Hannah Lightbody, whose family were wealthy textile merchants.

The money brought into the marriage also helped Greg further develop the business.Another important factor was the network of contacts that Greg held. In 1796, Greg formed partnership with Peter Ewart. Ewart was associated with John Rennie, who was linked to Boulton and Watt, a major steam engine manufacturer. With this contact, Greg was able to jump the steam engine queue and receive one early. This greatly increased QBM’s power, production and profits. Also, Greg had contacts within Lightbody’s textile merchant family, who, with their money and experience, helped to expand the business.Greg’s Unitarian faith also greatly influenced his success.

As well as bringing money into the marriage, Lightbody influenced Greg to make vital changes to QBM. Unitarians believed in hard-working employees (work ethic). They also believed that workers should be treated fairly, which encouraged Greg to provide them with such necessities as education (to read the Bible). Also, Unitarians were excluded from some professions, as they couldn’t take a formal degree, so the family could channel all of their energy into business.The Greg family’s humanitarianism managed to attract a workforce and established other features in the Mill. The site already provided skilled fustian weavers, but more workers were needed. Greg spent much money developing the village of Styal for his workforce, which showed workers how valued they were in the running of QBM.

Greg won their loyalty by providing them with housing, such as Oak Cottages, Oak Farm and Farm Fold, and other facilities, such as the co-operative shop, the Old Ship Inn and the Norcliffe and Methodist Chapels.It was important for Greg to use child labour, as it was cheap. He therefore encouraged families to move to Styal, where the whole family could work, by providing schooling for children. But Greg needed more labour that was inexpensive to keep.

He did this by employing pauper apprentices from workhouses. The Poor Law Commission sent children to Greg from workhouses in Liverpool, Newcastle-under-Lyne and Manchester, and he apprenticed them to work in QBM until they were adults (or for a set amount of years). The Select Vestry didn’t have to pay for upkeep of children, keeping the poor rate down; Greg had an abundant supply of cheap workers, which benefited QBM; and the children learned a new trade. Apprentices often continued working at QBM with their children.

Without this cheap labour, Greg would not have been able to make these profits, and use them to continually develop QBM.I conclude that QBM was successfully developed by Greg because of the advantages of the original site and his family. Without the original features of the site, such as proximity to power supplies and presence of fustian weavers, Greg may have chosen another (perhaps less successful) site. It was the Greg family who invested money in QBM, and whose dedication and diligence earned the loyalty of workers. Very few mills provided their workers with such good conditions, which owed to their success.

Choose your subject


I'm Jessica!

Don't know how to start your paper? Worry no more! Get professional writing assistance from me.

Click here