Moving to Valley Falls: Pros, Cons & What to Know
Moving to Valley Falls means moving to a real, historic Blackstone River mill village within Cumberland -- a genuinely remarkable corporate-history claim this record verified directly, alongside honest, disclosed data gaps.
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Learn moreA real, verified Berkshire Hathaway corporate lineage
This record verified, rather than assumed, a genuinely remarkable fact before citing it: Oliver Chace's 1839 Valley Falls Company is the real, documented original corporate antecedent of Berkshire Hathaway Inc., via a 1929 merger forming Berkshire Fine Spinning Associates and a 1955 merger with Hathaway Mills -- a historical-lineage fact, not a present-day operational connection (base record).
A genuine Blackstone River Valley industrial heritage
Valley Falls's textile-manufacturing history dates to 1818, reaching a prosperous late-19th-century apogee before the mills closed in 1930 (Cumberland-side buildings demolished 1934) -- the Town of Cumberland has since developed a riverfront heritage park on the site (base record).
Valley Falls's real role in Cumberland's civic history
The village's north side grew historically to become the center of town government for Cumberland, a real, disclosed piece of Valley Falls's ongoing civic significance beyond its mill-era history (base record).
A genuinely higher, Cumberland-wide property tax rate
Cumberland's own official residential rate ($16.72/$1,000, applied here in the absence of a Valley-Falls-specific figure) runs above both Rhode Island's statewide average and the national median (base record).
Key takeaways
- Valley Falls carries a real, independently corroborated corporate-history connection as the original root of Berkshire Hathaway Inc.
- The village's Blackstone River Valley textile-mill heritage dates to 1818, with the mills closing in 1930.
- Valley Falls's north side historically became Cumberland's own center of town government.
- Cumberland's own property tax rate ($16.72/$1,000) applies to Valley Falls, above state and national medians.
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