Joseph Bancroft & Sons Company.
Joseph Bancroft & Sons Company was incorporated in Delaware on October 1, 1889 as the successor to the partnership of Joseph Bancroft & Sons. Joseph Bancroft (1803-1874), and English Quaker, had established at cotton textile factory on the Brandywine Creek at Rockford, in the northwestern corner of present-day Wilmington in 1831. The business remained in the Bancroft family for 130 years.
The company purchased the Kentmere Mills adjoining their property on the east in 1895 and concentrated manufacturing there, while the old Rockford property was devoted to bleaching, dyeing and finishing. In 1910, the Bancrofts purchased a third plant at Reading, Pa., and incorporated the Joseph Bancroft & Sons Company of Pennsylvania on May 28, 1911. Subsequently, all manufacture was concentrated at Reading, with the Wilmington facilities devoted to bleaching, dyeing and finishing. In the spring of 1925, the Bancrofts purchased a controlling interest in the Eddystone Manufacturing Company, another cotton manufacturer, and secured 100% control in 1929. The Eddystone Plant was converted entirely to the printing of cottons and linens, and a rayon finishing plant was installed there in 1930.
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