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Connecticut Wool Mill Revived by Former Banker, Now Employs 50
Sentiment: NeutralHigh Priority
What Happened?
Jacob Long revived a Connecticut wool mill that closed in 2013, now employing about 50 people and producing fabric for the US military. Long aims to rebuild local textile manufacturing.
Key points
- Jacob Long bought the 475,000-square-foot Warren Mills complex in 2014.
- The mill had previously closed in 2013, resulting in 85 job losses.
- American Woolen Company began supplying fabric for military uniforms in 2019.
- Long aims to expand textile manufacturing across Connecticut and New England.
- The factory employs about 50 people and focuses on high-quality fabrics.
Key insights
- Long's efforts may inspire similar initiatives in the textile sector.
- The factory's success highlights the potential for high-quality domestic manufacturing.
- Challenges remain in finding skilled workers for the textile industry.
Why it matters
The revival of the mill could support local employment and the US textile industry.
Tags
Entities
Jacob Long· PersonAmerican Woolen Company· CompanyConnecticut· StateWarren Mills· LocationUS Army· OrganizationUS Air Force· OrganizationUS Marine Corps· Organization
Source
Times of India
