Anniversary of the day you went away1/8/2023 ![]() 11, 1995, a boiler in one of the factory’s five hulking plants exploded. In fact, 1995 was a banner year for the company, with sales up 10 percent to more than $400 million. Feuerstein refuse to move, but he and his company prospered, thanks to its proprietary fabric Polartec, which it sold to clothing brands like Patagonia and L.L. Malden Mills, located just outside the old mill city of Lawrence, was a shining exception: Not only did Mr. Most other companies, faced with competition from lower-wage states and cheap imports, had either closed or moved production out of the state. Feuerstein’s company, Malden Mills, was by the mid-1990s among the last large textile companies in Massachusetts, which had seen its manufacturing employment numbers crater from 225,000 in the 1980s to about 25,000 a decade later. He was 95.Īeffia Feuerstein, his granddaughter and partial caretaker, said the cause was pneumonia. ![]() ![]() Aaron Feuerstein, a Massachusetts industrialist who became a national hero in 1995 when he refused to lay off workers at his textile plant after a catastrophic fire, then spent hundreds of millions of dollars to rebuild it, died on Thursday at a hospital in Boston.
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