It was a major manufacturing and employment center for the city until mid-1990s, when the company's business declined.

Its core section was built in 1889 as a three-story structure, and it underwent a series of enlargements between then and 1940.

Under the leadership of Harry Bixby, a local investor, the main plant was built to a design by W.B.

The firm was heavily in debt by the early 20th century, and was acquired in 1904 by the Carter Rice Company of Boston, Massachusetts, which established the Nashua Gummed & Coated Paper Company as a subsidiary to manage this and other assets related to coated paper products.

Over the 20th century the company expanded its products and operations, but contracted in the 1990s, eventually closing its presence in Nashua in 2005.