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Boulton, Matthew
Died: 1809 AD, at 80 years of age.
Nationality: English
Categories: Businessmen, Manufacturers
1728 - Matthew Boulton, born on the 3rd of September in Birmingham, England where his father, Matthew Boulton the elder, was a "toymaker" (a manufacturer of small metal articles of various kinds). He is an English manufacturer and engineer.
1749 - He became a partner in his father's business.
1762 - Went into partnership with John Fothergill, they established the Soho Manufactory, two miles north of Birmingham.
1772 - His partner, Dr. John Roebuck, got into financial difficulties, and he, to whom he owed £1200, accepted his two-thirds share in Watt's patent in satisfaction of the debt.
1775 - He financed and introduced James Watt’s steam engine, which became the most important source of power during the Industrial Revolution. The two men became partners in the steam-engine business in and obtained a 25-year extension of the patent.
1800 - The two partners retired from the business, which they handed over to their sons, Matthew Robinson Boulton and James Watt Junior.
1809 - He died at Birmingham on the 18th of August. He is buried in the grounds of St. Mary's Church, Handsworth, in Birmingham.
Page last updated: 12:06pm, 12th Apr '07 |
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