Article on Irving Tanning Co. in Hartland, which filed for bankruptcy in March,
Article on Irving Tanning Co. in Hartland, which filed for bankruptcy in March, the second bankruptcy filing in four years. In September, Meriturn Partners closed its buyout of Irving with a $14 million package that paid off much of the company's debt. Richard Larochelle, president and CEO of Irving, said a new operating structure and market focus should make the company profitable again. Larochelle identified a new product focus for the company, aimed at high-quality apparel customers. Irving also plans to go after more U.S. military contracts, because the military is required to purchase American-made boots and other supplies.
Irving Tanning Co
Donahue, Sean, "Article on Irving Tanning Co. in Hartland, which filed for bankruptcy in March," (2005). Maine News Index – MaineBiz. 3433.
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