Matthew
Boulton was born in 1728, the son of a wealthy
toy manufacturer in Snow Hill. This background
and his father's success undoubtedly helped him
in establishing his business and the success which
he achieved.
At the age of seventeen he produced inlayed
buckles and buttons of a type which he invented
and exported to France. Matthew Boulton's father
encouraged him to manage his already flourishing
business and the concept behind the success
was based upon the principle of building a business
which would encompass the entire manufacturing
process as well as the marketing. Most companies
at the time would just specialise in their own
area of expertise rather than attempt to run
the entire process.
This required a move to larger premises at the
Sarehole Mill in Hall Green in 1755. It was
here that they produced sheet metal. After his
father died in 1759 Matthew Boulton moved the
business to Soho and nearer to the jewellery
quarter. It was here that his ambitious plans
were realised and the world famous Soho Manufactory
was built at a huge cost of £10,000. Three storeys
high with workshops, showrooms, offices and
stores and with accommodation for its workers
it was an impressive sight. At its completion
in 1765 it was a major attraction and an icon
of the Industrial might of the great manufacturing
empire that he had created. Soho
House which was near the site of the manufactory
still stands and acts as a museum and testament
to his achievements.
Matthew Boulton was a model employer in much
the same way as
GeorgeCadbury. A visionary who found no
shortage of workers, employing the best craftsman
and staff and producing goods of quality at
the right price.
Matthew Boulton and his association with the
brilliant James
Watt is well known. Boulton and Watt entered
into a partnership in 1774 and are forever recorded
in history as one of the most important partnerships
of the Industrial Revolution. After extending
the patent through parliament the condensing
steam engine was operating within two years.
With a monopoly secured the Watt engines became
world renowned.
Not content with his achievements Matthew Boulton
used modern manufacturing methods to revolutionise
coinage. The quality and detail in the new coins
encouraged the British Government to place an
order for 45 million new penny and two penny
pieces. Further orders followed, forgery was
now much more difficult and coinage entered
a new age.
Matthew Boulton died in 1809 and without his
leadership and direction the business declined
and the manufactory was demolished in 1848.
Without doubt, Matthew Boulton was one of the
leading Industrialists of his age.
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