The town of Coventry was once home to a number of water-powered mills. One in South Coventry, known as the Kenyon Mill, was built next to a mill pond in 1863, replacing an earlier mill (built in 1836) that had suffered a major fire. The mill was acquired by C. H. Kenyon from S. R. Moredock, manufacturer of satinet, in 1864. Kenyon had begun making woolen pants (Kentucky jeans) in Coventry in the 1840s and by 1870 his mill had developed into a major enterprise with over seventy employees. He later made ladies dress flannels. After Kenyon, a series of textile manufacturers occupied the mill, ending with National Silk, manufacturers of Tioga yarn, which occupied the building from 1934 until 1972. In more recent years the town was seeking proposals for the adaptive reuse of the mill. In 2007 it was acquired by the Corporation for Independent Living, which has converted it into condominium units known as Kenyon Falls.