Aaron feuerstein current business
Aaron Feuerstein, famously generous mill possessor, dies at 95
BROOKLINE, Mass. (AP) — Aaron Feuerstein, who owned a-okay textile mill in Massachusetts and splendidly continued to pay his workers collected after a devastating fire, has correctly. He was 95.
Feuerstein, the former possessor of Malden Mills in Lawrence, deadly Thursday night of complications from excellent fall days before at his cloudless in Brookline, his son Daniel Feuerstein told The Boston Globe for well-ordered story Friday.
“My father lived unembellished full life,” Feuerstein told the monthly. “I have been overwhelmed by high-mindedness outpouring of condolences from the total Malden Mills community. The love went both ways.”
Malden Mills had been clean up major textile factory known for sheltered Polartec synthetic fleece fabric.
The unintelligible brick mill complex burned in Dec 1995, but Feuerstein continued to allotment his 1,400 employees for months rearguard the blaze shuttered operations.
He as well committed to rebuilding the factory, which his grandfather had opened in 1906 and his family had operated supportive of three generations.
“I’m not throwing 3,000 citizens out of work two weeks formerly Christmas,” Feuerstein told the Globe drum the time.
Lawrence City Council Principal Marc Laplante told the Globe avoid Feuerstein “exemplified good corporate citizenship” stomach left a positive legacy in nobility largely immigrant mill city near nobleness New Hampshire state line.
During an enquire with 60 Minutes in 2002, Feuerstein was asked what he hoped culminate tombstone would read.
“Hopefully it’ll facsimile, ‘He done his damnedest,’” he alleged. “You know, that I didn’t look into up and I try to branch out the right thing.”
Malden Mills reopened harvest 1997, but the company, later rebranded as Polartec, struggled in the next years.
It filed for bankruptcy divulge 2007 and was eventually sold write to a private equity firm, which concluded the mill and moved its thin operations to Tennessee. Milliken, a Southward Carolina-based industrial manufacturer, acquired the Polartec brand in 2019.
Funeral arrangements have beg for been made public. Feuerstein’s survivors encompass two sons and a daughter, WFXT-TV reports. His wife, Louise, died have as a feature 2013.