Wyomissing Industries, founded by two ingenious German immigrants, Ferdinand Thun and Henry Janssen, opened their first business in 1892, manufacturing textile braiding machines (Textile Machine Works) at 222 Cedar St. in Reading PA.
Local residential developers — looking for a catalyst to kick-start their planned community across the river in a “suburban” area called Wyomissing — offered the two young industrialists a large tract of land for one dollar to expand their growing business. From the beginning, Thun and Janssen collaborated with the Borough to create an idyllic company town unlike the typical mill towns of the time. They established and funded the first savings and loan, public library, fire company, public museum, and extensive public and company park system. The public parks, wide streets, and maple trees parks endure today and make Wyomissing Borough a unique and enjoyable place to live.
By 1896, Thun and Janssen built the first textile machine manufacturing facility in Wyomissing. In 1906, Wyomissing Industries was created by incorporating its three main businesses: the Textile Machine Works (manufacture of knitting & braiding machines), Narrow Fabric Company (braided products) and Berkshire Knitting Mills (hosiery and fabrics). By the 1940s, the enterprise spread over 65 acres and had one million square feet under roof plus the largest automated foundry in the country.
The Berkshire Knitting Mills was sold to Vanity Fair Mills in 1969. In 1970, VF started an “outlet” store to sell excess inventory, exclusively to VF employees. The discount prices were a big hit with the employees, and sensing an opportunity, VF expanded the operation by leasing space to 3rd party retailers beginning in 1975. By 1988, 51 distinct stores were open and flourishing at the “Outlet Capital of the World.” At its peak, over 6 million shoppers a year, many bused in from out of state, visited VF Outlets. In 2016, Equus Capital Partners purchased the Vanity Fair complex and began the reimagining of the site as a modern mixed-use corporate office and retail development.
Equus has retold and memorialized this history through a series of monuments throughout the campus that pay homage to the proud history of the Berkshire Knitting Mills.