John Rylands "they had become the summit of the firm's hierarchical organization, the seat of its central power and the goal of all ambitious employees" (D. A. Farnie, in "John Rylands of Manchester", 1973). In 1873, Rylands converted his business into a limited company but he retained sole management of it. The extra capital from this move led to the purchase of more mills and the company entered into fresh business in many quarters of the globe. The firm, which had a capital of £2 million, became the largest textile manufacturing concern in the UK. His business made him Manchester's first multi-millionaire.
John Rylands of Rylands & Sons. At its peak, the company employed a workforce of 15,000 in 17 mills and factories, producing 35 tons of cloth a day. Rylands was the third son of Joseph Rylands, a manufacturer of cotton goods, of St Helens, Lancashire, and his wife Elizabeth (née Pilkington). He was educated at St Helens Grammar School. His aptitude for trade quickly became obvious and manifested itself early and, before the age of eighteen, he entered into partnership with his elder brothers Joseph and Richard. Their father joined them in 1819, when the firm of Rylands & Sons was established,