Faribault to Reopen Manufacturing Facility
September 9, 2011,
FARIBAULT, Minn.-Faribault Woolen Mills, one of the oldest textiles manufacturers in the United States, will reopen its manufacturing facility here next Thursday.
The company, which was founded in 1865, was one of the largest manufacturers of wool blankets until it closed the facility in 2009. In July, it was purchased by Chuck Mooty, former CEO of Dairy Queen, who is now CEO of Faribault; and his cousin, Paul Mooty, who is chief financial officer.
The reopening will be attended by Minnesota Governor Mark Dayton. The day after the formal ceremony, the company will hold a tent sale of blankets and accessories. The "first-run" blanket collection is now available online and will be offered at the tent sale.