Malden Mills and Manufacturing in AmericaPlay
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.