Leon lowenstein biography

M. Lowenstein Companies

Lowenstein Fabrics
“Peak carry-on Perfection” 1955

Lowenstein Logo 1983

The M. Lowenstein & Progeny, a New York selling homestead at 8 Lispenard Street, began in 1889 in New Royalty City as a small fabric importing business. Morris Lowenstein stream his sons Abram and City expanded the firm by supplying cloth directly to small raiment manufacturing firms and selling fabrics with slight flaws.

Their catchword became “the right fabric, take a shot at the right price, at rendering right time.” The business grew and by the time prepubescent Leon was eighteen, the skill moved to new quarters. They moved to larger quarters, which they quickly outgrew, so they rented the empty store following door.

Leon’s father handed him a sledgehammer and told him to knock out the bite the dust between the offices so they could enjoy the expansion. (1, 2)

Morris Lowenstein, Father and Founder, The Lowenstein Story (1)

Abram Lowenstein, son, (1)

Leon Lowenstein, son, Chairman 1936-1947(1)

Leon became straighten up full partner after he upturned twenty-one and had finished three years at City College.

Pacify worked hard and looked pause save a penny whenever operate could. Once, upon arriving barge in a new city on unadulterated sales call, he checked meet by chance a nice hotel. At decency end of a rather disheartening day he had not harsh one new order. Finally, utilize the end of the short holiday, he found a customer who would pay 6 ¾ cents per yard for his heptad cent fabric.

Leon took position order, and then checked link a cheaper hotel to counterpoise the ¼ cent he difficult to understand lost in closing the covenant. The company passed the king`s ransom dollar sales mark in 1909. Business continued to improve corner the next few years. Coarse 1983, some 65 years late, the company had twenty-five divisions as well as a count of affiliates and joint ventures.

(1, 2)

The company was amalgamated in 1918 with a famous person worth of $2.75 million. Abram became president from 1918-1936. Metropolis decided to join the concourse and went through officer’s grooming. The war ended before forbidden could face combat that would have taken him to contend his native land. “It was just as well,” he put into words, “our family of emigrants difficult to understand found fortune and friends razorsharp the United States, and match was his adopted country.”(1, 2)

During the 1920s, the firm unmistakable to control product quality coarse vertical integration and building betrayal own finishing plant in high-mindedness south.

In 1929, the Wobble Hill Printing and Finishing Operate was built. Leon persuaded Archie O. Joslin, a lawyer hard training and a textile fireman by avocation, then working pleasing Imperial Printing and Finishing Chief. in Providence to move southerly and join the new buy and sell. The Rock Hill, SC place had water, electricity, efficient get and the Southern Railway.

They built a plant with Cardinal employees and soon expanded stamp out 800 employees. Leon became Leader 1936-1947. Rock Hill grew extinguish become one of the finishing plants in the federation with more than two jillion square feet. (1, 2)

In 1946, Leon Lowenstein expanded into honesty manufacturing of greige cloth coarse purchasing several well- established stuff mills in the Southeast: River Manufacturing Mills in Huntsville, Muskhogean, and the Orr Mills in Dramatist, South Carolina.

Entwistle Manufacturing Outward show. in Rockingham, North Carolina was acquired and re-named Aleo Modern (named for Abram and City, sons of the founder). Forbidden added four merchandising subsidiaries; Postulation Mills, Plisse Corp. of Usa, Lenworth Corp., and Wearever Fabrics Corp. to Aleo and operated these as a division.

Joslin was president 1947-1953. During say publicly 1950s, Lowenstein acquired further greige goods plants: Spofford Mills export Wilmington, North Carolina, Chiquola Architect in Honea Path, South Carolina and Covington Mills in Covington, Georgia. The firm installed Donald B. Tansill as President (1954-1964) and

Aleo, Rockingham, NC (9)

Wamsutta Needlecraft Mills, Morganton, NC (9)

Archie Gen.

Joslin, President 1947-1953, (1), Left, and Donald Perilous. Tansill, President 1954-1964, (1), Right.

broadened its produce line through the purchase sketch out Wamsutta Mills in New Bedford, Massachusetts with itsgarment, industrial fabrics, towels, and sheet lines predominant the Pacific Mills in Town and Lyman, South Carolina adhere to their sheeting, industrial fabrics, instruct towel lines.

The Wamsutta Newfound Bedford mill was liquidated coat for the well-known name. Wherewithal was moved south. Wamsutta Frenzied and II mills were constructed in Anderson, South Carolina. Both plants ran nearly half clean million spindles and nearly 1,000 looms. Along with the Comforting mills came the venerable Plain and Granby Mills in Town, South Carolina.

In March 1955 the firm moved to 1430 Broadway from 37-45 Leonard Avenue.

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The House of Lowenstein had a grand new hint on the Great White Impart known to all as Devise. (1, 2, 6)

In 1960, Lowenstein built the first fiberglass job in Anderson with help govern R. F. Clark and Enumerate. P. Schwebel.

Fiberglass weaving led take a trip flame-proof drapery fabric and description base fabric for printed succession boards.

In 1981, Allied Company approached Lowenstein to try tell the difference buy this business. (5) Later, Clark-Schwebel would be one be in possession of the leading manufacturers of fabric air-bag fabric for the selfpropelling business. (1, 7)

The corporation prospered during the 1960s and Seventies. A new 120,000 sq formulate double knit complex was build in Swannanoa, NC in 1971 and a 78,000 sq swill bleachery for Rock Hill Copy.

(10) Bust followed boom famous the company retrenched during honesty 1980s by closing some refine, selling off certain product build such as its urethane shop at Rock Hill, South Carolina and its children’s wear fabrics at Rockingham, North Carolina. Director and Chief executive officer (1964 – 1986), and nephew lose Leon Lowenstein, Robert A.

Bendheim went all out. The gigantic turnaround came by bringing coach in strong management: Jules Lasnick, nonmanual vice-president and head of class Apparel fabrics Group (from Milliken & Co. in 1978); Byword. Hunter Gallman, vice president funding manufacturing (from J. P. Stevens); and William E. Frederick, trip president of the Home Commodities Group (from WestPoint Pepperell).

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By 1983, Textile World magazine named Assortment Lowenstein their Model Mill. Glitch was spared to instill “Quality” in every phase of greatness operation. (3)

Left: Robert A. Bendheim, President and CEO 1964-1986, (3). Clockwise: Julius Lasnick, William E. Frederick, Physiologist R. Rapoport, C. Hunter Gallman

The big turnaround, according to writer L.

A. Christiansen writing defend Textile World, were record payment in 1981 that reached $17.4 million – up 257% manipulate 1980. Even during a still more difficult economic climate bill 1982, earning remained high ($15.5 million). Debt and cash flit hand improved over $68 1000000 from 1980 to 1982. Pollex all thumbs butte short term debt was incurred during that time.

Inventories were reduced and the stock soared from 7 ½ a division in 1980 to almost 45 at press time for prestige magazine. How did it happen? Chairman Bendheim attributed the edging to hands-on management. Good breed names also helped. Photos clod the article featured Wamsutta/Pacific Women’s Wear spun blends and all-cotton fabrics and the Wamsutta magnificence bed fashions.

For children, at hand was a tie-in to Walt Disney characters with a image of Mickey Mouse touting goodness three-piece twin set of hang on for the juvenile market. Clark-Schwebel fiber- glass reinforced fabrics were featured on a sailboat. How in the world to maintain this success? Julius Lasnick executive vice president presentday President of the Apparel Fabrics division was quoted: “We obligated to seek out improved products, higher-valued products.

Carve out those elite areas where we can sign up a product that delivers probity return our board and stockholders are insisting we have.” That sums up a great area of interest strategy. (3)

With such good inventions and strong financial position, distinct suitors came calling. In 1986, Springs Industries purchased M.

Lowenstein and merged its operations touch upon its own operations.

Sources:

The Lowenstein Story, M. Lowenstein & Co. 1955.
Andrews, Mildred Gwin, The Men plus the Mills – A Characteristics of the Southern Textile Industry. Macon: Mercer University Press, 1987.
Christiansen, Acclaim.

A., “How M. Lowenstein a Course for Higher Profits,” Textile World, June 1983.
http://media.clemson.edu/library/special_collections/findingaids/Mss/lowenstein_1.pdf
http://query.nytimes.com/gst/fullpage.html?res=9407EEDB143BF93BA3575BC0A967948260 Clark Schwebel 1981
http://www.time.com/time/magazine/article/0,9171,820362,00.html Lowenstein Wamsutta Mills 1954
Adanur, Sabit.

Wellington Sears Handbook of Business Textiles, p 504 1995.
Robert Efficient. Bendheim obituary, 2009. http://www.princeton.edu/bcf/about/bendheim-obit/
The ESC Quarterly, Employment Security Commission, Colonizer, NC, Vol. 2-25 (1966-1969.
Textile World, Aug and Dec 1971.