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Theaster Gates acquires Pickard China factory

PRIVATEOct 03, 2026

Acquiring Company

Theaster Gates

Acquired Company

Pickard China

ChicagoAntiochFashionArtManufacturingFashion

Description

Theaster Gates has acquired Pickard China, the last fine china manufacturer in the U.S., aiming to revive artisanal manufacturing. His acquisition comes amidst the company's struggles and declining industry demand. Gates expressed excitement about bringing back the cultural significance of fine china production.

Company Information

Company

Theaster Gates

Location

Chicago, Illinois, United States

About

Theaster Gates is a renowned contemporary artist and cultural leader known for his innovative installations and contribution to the arts. He uses salvaged materials in his works and has been influential in various cultural initiatives. Gates is also a professor at the University of Chicago and has collaborated with high-profile brands like Prada.

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Frequently asked

Who acquired Pickard China?

Pickard China was acquired by Theaster Gates, based in Chicago. The deal was reported on October 3, 2026. Theaster Gates is a renowned contemporary artist and cultural leader known for his innovative installations and contribution to the arts. Theaster Gates is privately held and operates in Fashion.

When did Theaster Gates acquire Pickard China?

Theaster Gates's acquisition of Pickard China was reported on October 3, 2026. Theaster Gates has acquired Pickard China, the last fine china manufacturer in the U.S., aiming to revive artisanal manufacturing. His acquisition comes amidst the company's struggles and declining industry demand. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Pickard China do?

Pickard China, established in 1893, is the last American manufacturer of fine china, producing high-end porcelain homewares. The company is known for its prestigious clientele, including the White House and luxury hotels. It is privately held, operating in Manufacturing, and is based in Antioch.

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