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What keeps arctic explorers warm and marathon runners dry? Polartec's high-tech fabrics. Formerly Malden Mills, the company makes all-season synthetic fabrics used primarily in the manufacture of performance apparel and outerwear under the eponymous Polartec brand. The textiles are found in products sold by apparel retailers such as L.L. Bean, The North Face, and Timberland. The company filed for Chapter 11 bankruptcy protection in 2007 -- its second time in about five years -- and then decided to liquidate in Chapter 7 instead. Later that year Malden Mills' assets were sold to Chrysalis Capital Partners, and they changed the name of the company to Polartec, LLC.
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Address: |
46 Stafford St.
Lawrence, MA 01841
| | Phone: | 978-685-6341 | | Fax: | |
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| Financial
Highlights | | Fiscal Year End: | January | | Revenue (2008): | 200.00 M | | Employees (2008): | 1,000 |
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Key People
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Chairman:
Greg Segall
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President:
Andrew (Andy) Vecchione
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CFO:
Michael (Mike) Garvey
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