Glushkov Woolen Manufactory, the oldest woolen factory in Russia. In 1719, under Peter I, Ivan Dubrovsky founded a wool factory in the area of the village of Glushkovo in the Kiev province, assigning Cossacks to serve there. In 1722, the factory produced its first batch of woolen cloth and was named the Putivl Manufactory. In 1734, the government transferred the Kursk sheep factory to it. In the mid-18th century, the manufactory was handed over to private hands to Moscow merchant Kozma Matveev, who bought it for 31,781 rubles and committed to expanding production.

In 1787, after administrative changes, the factory became known as the Glushkov Woolen Manufactory. By the end of the 18th century, it included two more factories and became the largest in Russia. In 1791, Matveev's widow sold the enterprise to Count Pavel Potemkin for 100,000 rubles. By 1803, over 9,000 people worked at the factory, and by 1825, already 20,000, which accounted for a third of all workers in wool factories in the country.

In 1811, the factory supplied the treasury with over 400,000 arshins of cloth. During the Patriotic War of 1812, half of the army's uniforms were made from its products. Before the reform of 1861, 90% of the production went to the army, and 10% to the private market, including exports to China. The last owner of the manufactory was merchant M. M. Kuznetsov. In 1914-1916, up to 600,000 arshins of military cloth were produced.

In early 1918, the enterprise was nationalized, but soon it was seized by the Germans, who devastated the warehouses. In the autumn of 1918, the factory was nationalized again. In 1922, it became an autonomous enterprise, and production reached 185,000 arshins of cloth. During the Great Patriotic War, the equipment was evacuated, but in 1946, production resumed.

In 1992, the factory was converted into a joint-stock company and became part of the Rostextil concern, but in 1996, production stopped due to a lack of raw materials and debts. In 2002, it was bought by entrepreneurs from the Tambov region and was renamed 'SV Textile Factory'. Since 2011, the enterprise has operated as LLC 'Glushkov Woolen Factory'.