Boulton and Watt form their partnership
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Matthew Boulton of the Soho Manufactory in Birmingham took a share in Watt's patent, supplying capital, skilled metalworkers and the parliamentary influence that secured the extension of the patent to 1800. The firm sold licences rather than machines, charging a premium set at a share of the coal its engines saved against a Newcomen engine of equal duty.
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Connections · 3
- Boulton and Wattconcerns
- James Wattconcerns
- Birminghamconcerns
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