Many people in town lose much of their savings as banks have not yet been established. 160 additional tenements are constructed with their own sewage system. The streets are named after U.S. presidents. The first electric trolley in Maynard begins service. Building Number 5, the Mill complex's largest, is built in nine months.
Electric power is introduced with the addition of dynamos on site.
The Mill complex now has 13 buildings. The Mill complex grows to 25 buildings. Floor space is at 421,711 square feet. The property takes up 75 acres. With the addition of three new buildings the American Wollen Company and the Mill are in their heyday.