Dozens of spinning machines on the shop floor.

Recent History

Mr. R. A. Price, the youngest son of Mr. F. R. Price, was appointed a Director of George William Price Ltd. in 1953, having shown particular ability in the manufacturing side of the organisation. The same year, Mr. H. T. Barsby was also appointed a Director.

The organisations have already presented 112 gold watches for twenty-five year’s service to their employees, which shows the happy and co-operative spirit which exists between the Directors and Staffs. Although in recent years Mr. L. W. Hancock has retired from the Board of Directors, this has recently been strengthened by the appointment of Mr. A. W. Richards, the Secretary, as Financial Director.

Mr. F. R. Price, the Chairman of the Group, continues to exercise overall control, his eldest son, ‘W.H.’ remaining at Loughborough, his second son, ‘R.R.’ being in charge of the finishing side of the business in Nottingham, whilst his youngest son, ‘R.A.’ is responsible for the manufacturing end at Long Eaton. Mr. L. N. Attewell is Sales Director, having supervision of all overseas agents, home and overseas travellers and selling arrangements, and Mr. H. T. Barsby is in charge of the London Sales Office.

The Company maintain the highest export record in the industry and are at the present time increasing their manufacturing capacity still further. To cope with this their Warehouse is being expanded and completely modernised and will embrace all the latest methods of handling their very specialised products.

The present Price Organisation including George William Price Limited, The Shepshed Lace Manufacturing Company Limited, W. Parnham Smith Limited, and various subsidiaries, comprises the largest lace manufacturing group in the United Kingdom, and, coupled with the Australian Company, probably is the largest lace group in the world.