Wedgwood’s shares introduced into London Stock exchange

The tale of the line begins in 1730 with the birth of Josiah Wedgwood to a family who made pottery.  At 6 years old, Josiah was a neophyte and by fourteen he had suffered a wave of smallpox that weakened his right knee.  By 1760, Josiah had his own factory and had been messing with different formulas of porcelain, clays and glazes and technological advances in the art of transferring designs to the completed product.  In 1765 he manufactured a complete set for Queen Charlotte, publicized himself as the’potter to the Queen’ and his business took off. 

Josiah’s crowning accomplishment was his creation of Jasperware.  Jasper is translucent clay that marries the basalt and Josiah’s original formulas to supply a dense, homogeneously coloured stoneware.  After more than ten thousand failed experiments with various clays and glazes, Jasperware was launched in 1775 to overwhelming success, especially to his consumers in the new democracy of the U.  S.  of America.  Josiah stated shortly thereafter,’there was no item too rich or too dear for Americans.’

Wedgwood died in 1795 and the business was left to his sons, who, having been brought up wealthy, had absolutely no interest in running it.  The job slid to a nephew, Tom Byerly who struggled greatly with the burden of managing a company he had tiny love for.  The next twenty-five years proved difficult for the company and Josiah II took over to turn things around by restoring the formulas and business standards set by his pa.  Obviously, repeated economic turmoil, wars and growing competition made the 1800’s extraordinarily hard and it wasn’t until the twentieth Century, under the leadership of Josiah V that things began to improve. 

With new, streamlined production facilities, aggressive worldwide promoting especially in America, and exclusive designs, Wedgwood China products started gaining eminence in the industry.  In 1966, Wedgwood’s shares were introduced into the London Stock exchange and since that time, the Firm has been concerned in assertive growth.  The assets of Susie Cooper, Royal Tuscan, William Adams, Franciscan, Mason’s Ironstone, Waterford, and Rosenthal have been merged with Wedgwood to form the Wedgwood group.  Josiah Wedgwood I might be proud.

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