Mr Lord, who was a former director of the Sunbeam Wolsey company in Blackpool, Cork, and a managing director of Industrial Yarns and Seafield Gentex, which had major spinning plants in Youghal, on the Kinsale Road in Cork, and in Athlone, died peacefully at the Bon Secours Hospital in Cork on Thursday.
He is survived by his wife, Doreen, and seven of their eight children – Judy (Daly), Tom, Mary (Inglis), Sally (Gleeson), Anne (Woodsend), Richard and Peter. John, a stockbroker, died several years ago.
At the peak of the textile industry in Ireland, Mr Lord ran a business empire which employed thousands of people.
He ceased his involvement in the businesses in the 1980s just before the decline of the textile industry.
Originally from England, Mr Lord lived most of his life with his family in Glounthaune, just outside Cork city.
He was also a keen golfer, playing mostly at Cork Golf Club.
His body was removed last night to the Sacred Heart Church in Glounthaune.
Burial will take place in St Joseph’s Cemetery in Little Island following 12 noon Requiem Mass today.
The family has asked that donations, if desired, be made in lieu of flowers to St Laurence Cheshire Home, Cork.