Narciso Ferreira

Narciso Ferreira
Narciso Ferreira
Born	Narciso Ferreira; July 7, 1862; Pedome, Portugal
Died	23 March 1933 (aged 70); Riba de Ave, Portugal
Nationality	Portuguese
Occupations	Entrepreneur; industrial; philanthropist;
Parents	António Ferreira (father); Maria Sampaio (mother);
Awards	Commander of the Order of Industrial Merit (1928); Grand Officer of the Order of Merit (1929); Grand Cross of the Order of Industrial Merit (1930);

Narciso Ferreira (1862-1933) was a Portuguese entrepreneur in the north of Portugal (Riba d’Ave, in Vila Nova de Famalição).

Biography

He was the son of a farmers family. Since his father died when he was very young, his mother gave him a severe education. Seduced by the industrialization in the end of the 19th century, he was only nineteen years old when he set two looms in the farm house where they lived in Pedome. The production was sold in fairs and markets in the north of the country. Afterwards, he made friends with merchants an bankers and soon became very known and respected in the business world. Around 1887 he buys a groundplot on the edge of the river Ave in Riba d’Ave and he sets the first factory in 1890 with forty looms. In 1894 he establishes a commercial society together with Manuel Joaquim Oliveira, José Augusto Dias (banker), Ortgão de Sampaio (engineer) and José Fernandes, named Sampaio Ferreira & Cia. Lda., with 200 power looms, powered by a weir built on the river. Other factories were built later with the collaboration of his eldest sons, José, Delfim, Alfredo, Joaquim and Raul. He employed approximately 12.000 workers in the region.^[2]