J. and P. Coats, Patons and Baldwins
1960 Patons and Baldwins merged with J. and P. Coats of Glasgow; the company became J. and P. Coats, Patons and Baldwins, the country's largest textile group with assets of £130 million. Otherwise known as Coats Patons
1969 As part of a strategy to increase the proportion of profits earned in the UK (without curbing foreign expansion) and in order to capture more of the downstream value in making garments (from threads) and in retail, the company had made a number of acquisitions including John Heathcoat and Co and a number of knitwear companies. Soon after the end of the FY the company bought Herbert L. Driver and D. Byford and Co.
1999 The Barrowford, Lancashire, mill closed, as did the Kilncraigs Mill in Alloa in December.
Sources of Information
- The Times 1 June 1967
- The Times, May 30, 1967
- The Times May 27, 1970
- The Times, February 11, 1986