After a period of disuse, the building was taken over in 1946 by a consortium of local farmers who converted it into a woollen mill. Their principal product was sheep's wool, and by joining together they could produce high-value woven products from the fleeces. They incorporated as The Wool Society Ltd. in 1947. This enterprise was initially successful, but by 1952 it was taken over by the Welsh Agricultural Organisation Society. They continued to run it, but by the early 1960s the business was failing, and the Society sought an operator for the mill.
