The first wheel on this site was erected by Stephen Hawksworth in 1754, but it was operated by Josepoh Ibbotson from 1759, and became known by his name from 1775. After his death, it was bought by Ebenezer Marsden, who opposed the Water Works Bill in 1835, and was charged an extra £7 rate because of his stance. In 1847, the wheel was subjected to rattening, when unknown people entered the building and broke five of the grindstones. Ownership was transferred to Sheffield Corporation, who gave the Ibbotsons notice to quit in 1902. A proposal in the 1930s for it to become an industrial museum came to nothing, and it was demolished around 1950. During the early 1900s the dam became Porter Glen Boating Lake.