In 1984 Vertipile acquired Quaker Fabric Corp. Larry Liebenow and partners
acquired Quaker Fabric in 1989. The company grew to become one of the largest
producers of Jacquard upholstery fabric in the world as well as producer
of specialty yarns, both for its own fabrics and for sales to other fabric
manufacturers. fortunes changed and from November 2003 to June 2007,
the company shed some 1,700 jobs in Massachusetts. In October 2006 Quaker
Fabric Corp. announced it was opening an upholstery fabric mill in China
with partner Hangzhou Zhongwang Fabric Products Co.
On August 20, 2007, Quaker Fabrics filed for
October 25, 2007 News:
Gordon Brothers Group, today announced that is has acquired through bankruptcy
auction the majority of assets of Quaker Fabric, Inc. in Fall River, Massachusetts.
Assets include all raw and finished fabric inventory, machinery and equipment,
intellectual property, trademarks, patents and real estate.
If you find our directory to be
helpful, please like our site with the social media
links below. Your support is appreciated.|
If you are interested in discussing the
financial aspects pertaining to the company listed on this page,
please share your thoughts in the comments section below.
Discussion topics may include any business details that you
believe could potentially impact the financial strength or
weakness of the company. For example, the company may have
negotiated a new licensing deal that you believe is important.
Or possibly they have hired a new public relations firm or
received a unique celebrity endorsement. If any
interesting activity has taken place, please bring that issue up
for discussion and debate. You are welcome to provide
facts or ask questions about business strategy, corporate
executives, brand portfolios, historical stock prices, business
news, SEC filings, stock charts, etc. Anything relevant to
investor relations, the company's products or services,
financial information, or corporate policy is open for
discussion. Feel free to share your wisdom in the social
comment area below. Please keep all discussions directly
relevant to the topic of the company listed on this page.
powered by Disqus