Crescent Woolen Mills History
In 1867, Matthew and his brothers started construction of a woolen mill at Pine Creek, an area adjacent to Rushford, MN. Known as the Toledo Woolen Mill at Pine Creek, the firm made blankets, flannels, cloth and hand-knitting yarns. In 1875, Matthew Webster bought out his brothers and with the help of his sons Daniel and William Walter, operated the mill until his death in 1893 at the age of 65.
In 1904, William Walter Webster purchased a woolen mill from his uncle in Rushford, MN and eventually built a state-of-the-art woolen mill in Winona, MN which he sold to a group of businessmen in 1923. That same year, William Walter’s sons, Archibald and Theodore, moved to Two Rivers, WI to take ownership of an existing knitting mill there. They renamed the business Crescent Woolen Mills, and three generations of the Webster family have operated Crescent Woolen Mills in Two Rivers, Wisconsin uninterrupted since then.