Binghamton incorporated as a city in 1867 and, due to the presence of several stately homes, was nicknamed the Parlor City. In the late 19th and early 20th centuries, many immigrants moved to the area, finding an abundance of jobs. During the 1880s, Binghamton became the second-largest manufacturer of cigars in the United States. By the early 1920s, Endicott Johnson, a shoe manufacturer whose development of welfare capitalism resulted in many amenities for local residents, became the region's largest employer. An even larger influx of Europeans immigrated to Binghamton, and the working class prosperity resulted in the area being called the Valley of Opportunity.