Aug. 11, 2010 at 1:58 p.m.
Filed under:
Bankruptcy,
Labor,
Manufacturing
By Associated Press
Workers at a Chicago-based company that made suits for President Barack Obama are marking the one-year anniversary of the day they almost lost their jobs.
Hartmarx Corp. was forced into bankruptcy protection last year after lenders cut it off. Its creditors had pushed for liquidation. But state officials and workers had threatened a sit-in. Get the full story »
June 23, 2010 at 8:36 a.m.
Filed under:
Bankruptcy,
Manufacturing
From the New York Post | India-based textile company SKNL, which now control’s Hart Schaffner Marx and Hickey Freeman men’s suit maker HMX, is planning to cut costs 15 percent during the next three years, leading to concerns it may shut on of its U.S. factories, according to the New York Post. Workers at the Des Plaines plant, run by the bankrupt company known for making suits worn by President Barack Obama, are particularly concerned, the report said.
