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Monroe Export Company, Limited, a Newfoundland saltfish company, was established by Walter Stanley Monroe in 1909. The firm was based in St. John's, with a branch at Thoroughfare, Bonavista Bay.
Monroe (1871-1952), businessman and Newfoundland Prime Minister (1924-28) was born in Dublin, Ireland, the son of John and Elizabeth (Moule) Monroe. Monroe emigrated to Newfoundland in 1888 to work with his uncle, Moses Monroe, in his family enterprises which included Colonial Cordage, Newfoundland Boot and Shoe Company, and St. John's Electrical Company. After his uncle's death, he established an export firm, Bishop and Monroe Company, with Robert Bishop. The partnership was dissolved in 1909 and Monroe started Monroe Export Company, Limited, which he operated until he entered politices in the 1920s.
In the 1920s, Monroe left much of the management of the family business to his son, Arthur Monroe, who expanded into frozen fish processing. A new enterprise, Fishery Products Limited (FPL), family owned and family financed, was formally incorporated in 1941; its largest investor was Monroe Export Company. In 1946 FPL purchased the assets of Monroe Export Company, and assumed its saltfish oeprations.
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Created - April 23, 2013
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- English