To: Hodar
I remember seeing a 60 minutes that told of a textile manufacturer who had a fire which destroyed the plant. The owner of the company kept all of his workers on their normal salary until the plant was rebuilt and operational again, which I believe took more than 4 months. He paid this out of his own pocket. I believe that although the company was successful, foreign competition, and the fact that they never patented the product that they devoloped and made (polar fleece), the company is going through bankruptcy.
Mark
68 posted on
06/30/2003 4:30:30 PM PDT by
MarkL
(OK, I'm going to crawl back under my rock now!)
To: MarkL
That was Malden MIlls in Mass.,the makers of Polartec!
74 posted on
06/30/2003 4:42:24 PM PDT by
Mears
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