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Malden Mills and Manufacturing in America

This article is more than 19 years old.
photoMalden Mills owner Aaron Feuerstein became a corporate hero seven years ago when much of his mill burned to the ground. He did what no board of directors would ever have allowed him to do: he continued to pay his unemployed workers and vowed to rebuild the mill.

Now the mill that makes Polartec fleece is in bankruptcy protection. And Feuerstein has just a couple of weeks left before he could lose everything. The 77-year-old chief executive will not let go. The fight is not just to hold on to 1,500 manufacturing jobs in Lawrence, MA, or to save a company that his grandfather founded in 1906. Feuerstein is fighting for manufacturing in the United States.

Tonight, On Point, the future of Malden Mills and U.S. manufacturing.


Aaron Feuerstein , owner and chief executive of Malden Mills

J. David Richardson, professor of economics and international relations at Syracuse University and a research associate at the National Bureau of Economic Research

Robert Scott, International economist at the Economic Policy Institute and co-author of "Jobs on the Wing: Trading Away the Future of the U.S." and author of "Short-Sighted Solutions: Trade and Energy Policies for the U.S. Auto Industry"

This program aired on August 7, 2003.


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