In 1825, the corporation was reorganized again and separated from the Merrimack Manufacturing Company under the leadership of Kirk Boott. This allowed the city of Lowell to grow quickly, as many other manufacturing corporations were founded in Lowell to take advantage of the waterpower sold by the Proprietors of Locks and Canals. Paul Moody was one of their first chief engineers. In the mid-19th century, the company was under the leadership of James B. Francis, inventor of the Francis Turbine, who took over when George Washington Whistler left to work on Russia's railway system.
