Wednesday, April 15, 2009
Russell closing Alex City plant:
Russell Athletic, once a dominant Alabama company and a huge employer, has said it plans to close an Alexander City plant and eliminate the 250 jobs there.
Atlanta-based Russell, maker of uniforms used by many top college teams and the National Football League's Washington Redskins, announced the woven products plant will close July 1.
Russell was founded in Alexander City more than 100 years ago, and began moving jobs and plants overseas during the 1980s to find lower labor costs. The company was bought in 2006 by Fruit of the Loom, a unit of Warren Buffett's Berkshire Hathaway Corp., for $600 million.
Attempts to reach Russell were unsuccessful. About 4,000 jobs that have triggered notification requirements to state officials have been eliminated by Alabama employers so far in 2009.
Russell is the official supplier of uniforms the Women's National Basketball Association and sells athletic apparel through major retailers such as Wal-Mart. Russell Hubbard --
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1 comment:
yep turn your back on the people who made you famous.Thank you Warren Buffet for turning our town into a ghost town.
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