Long article about Biddeford Blankets, recently mired in Chapter 11 bankruptcy

Authors

Michaela Cavallaro

Source

Mainebiz

Date

8-4-2003

Pages

1, 12-14

Abstract

Long article about Biddeford Blankets, recently mired in Chapter 11 bankruptcy proceeding, but now flirting with profitability, thanks to new products, such as Hot Wraps, heated throws in bright colors aimed at the teenage market. Biddeford Blankets, headed by CEO Morten Brunvoll, employs between 250 and 300 employees and had annual revenues in 2002 of $24 million. The company is a subsidiary of Microlife Group, a Taiwan-based manufacturer of medical devices and digital monitors. With a detailed discussion of the company's past financial troubles and of its future prospects, and including a timeline of events from Nov. 23, 171 through July 7, 2003.

Subjects

Biddeford Blankets Biddeford

Recommended Citation

Cavallaro, Michaela, "Long article about Biddeford Blankets, recently mired in Chapter 11 bankruptcy" (2003). Maine News Index – MaineBiz. 2547.
https://digitalcommons.portlandlibrary.com/news_mainebiz/2547