 | |
| Industry | Textile manufacturing |
|---|---|
| Founded | 1929 |
| Founder | Sir K. D. Stewart |
| Headquarters | England |
Key people | Sir Frank Platt |
The Lancashire Cotton Corporation was a company set up by the Bank of England in 1929, to rescue the Lancashire spinning industry by means of horizontal rationalisation. In merged 105 companies, ending up in 1950 with 53 operating mills. It was bought up by Courtaulds in August 1964.