Portions of the cotton mill closed and workers lost their jobs. Several changes in ownership during the 1980s, followed by a bankruptcy dealt a harsh blow to the company. Of the 2,200 employees working at Standard-Coosa-Thatcher, 500 had been with the company for over 20 years. Many employees were satisfied with their job citing the one week paid vacation, a retirement plan, and death benefits. In 1960, a local newspaper did a study of the mill workers. An indicator of excellent employment conditions is worker retention. The spinning mills could produce 100,000 pounds of yarn per week.Ī large portion of Chattanooga depended on the mills for employment. The Standard-Coosa-Thatcher mills encompassed an entire city block. After the merger, in 1925, significant additions were made to the plant that included another mill and warehouse. In 1922, Coosa Manufacturing consolidated with Standard Processing and Thatcher Spinning Company, forming the Standard-Coosa-Thatcher Company. The yarn would be transported to the Standard Processing Company next door where the yarn would be refined (mercerizing) and dyed. The Thatcher Spinning plant processed the incoming raw cotton and then spun the cotton to finished yarn.
![factory town finding cotton factory town finding cotton](https://assets.rpgsite.net/images/images/000/093/556/original/Rune-Factory-5_201125_03.jpg)
The Standard Processing Company was founded for the purpose of mercerizing the cotton yarn from the Coosa Manufacturing Company.
![factory town finding cotton factory town finding cotton](http://toyking.com.tw/image/toy/gaia/013.jpg)
At that time, Standard, Coosa, and Thatcher were three separate companies located directly beside one another. In 1916, the Standard-Coosa-Thatcher textile mills were constructed in Chattanooga, Tennessee.