"Business Maine: Central & Western" piece reporting that about 350 former emplo

Source

Mainebiz

Date

8-4-2003

Pages

9

Abstract

"Business Maine: Central & Western" piece reporting that about 350 former employees of Carleton Woolen Mills in Winthrop may soon share a $2 million settlement from United Kingdom-based parent company Allied Textile Companies, to cover medical expenses and other benefits that workers had earned but did not receive when Carleton filed for bankruptcy in 2000. Workers will receive about $4,000 each, plus reimbursement for up to two-thirds of unpaid medical costs. A lawsuit pending in U.S. Bankruptcy Court would secure severance pay or workers as well. At its peak, Carleton employed 500 people in Maine before Allied began closing down operations in Winthrop and Gardiner.

Subjects

Actions and defenses, Allied Textile Companies, Carleton Woolen Mills, Employees Benefits

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