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City's first large scale manufacturing plant Most Albury people would know the building pictured as Macquarie Worsteds but the company started as Amalgamated Textiles (Australia) Ltd.
At a meeting in June 1923, the company announced "that 70,000 of the capital for the Albury mill had been subscribed. The machinery had been ordered, and a site had been purchased." In July 1923, the company purchased 27 acres louis vuitton bags short hills mall of land on the corner of Schubach louis vuitton shoes toronto and Bridge streets in East Albury. The louis vuitton jobs atlanta ga land had been part of the "Woodstock Estate" louis vuitton purses brown and the Albury Banner reported that "the price paid to L C [Lionel Charles] Griffith was 2,500." By August, 94,000 shares had been sold, including 77,000 to residents of Albury and district. Albury operations began on Monday, February 9, 1925. The Albury Banner commented that "Bradford Wool Tops are now being made in the Albury mills." Amalgamated Textiles became Albury's first big manufacturing company providing employment and stimulating local economic growth. At their peak, they employed about 700 workers. The company became known as Macquarie Worsteds Ltd in 1956. The company was taken over by General Investments Australia Ltd in 1987 and in 1988 that company posted a profit of $5.4m. Investment in the mill continued through the 1990s in 1992 they announced that Albury was selected to become home for Australia's largest wool manufacturing plant costing some $60m.
In 1994 the company changed its name to Macquarie Textiles Group Ltd. In December 2013 The Border Mail announced that "the company is selling the factory to move to an Albury warehouse with the business to focus on importing material from China and India.".
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