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Clothing and Textiles Industry

Investor Revives Closed Warren of Stafford Textile Mill

Investor Revives Closed Warren of Stafford Textile Mill

Warren of Stafford, a textile mill that ended 160 years of production in December, plans to restart its looms within 10 days.

Thursday, American Woolen Co. announced it would buy the mill complex from Loro Piana, an Italian luxury cashmere and wool apparel company, which had owned it for 26 years. The company made fine worsted wool for men's suits and cashmere and camel hair for coats, and for most of the time Loro Piana operated in Stafford, 200 to 250 people worked there.

By the end, there were about 85 workers.

Friday, the state Department of Economic Development announced that it had given American Woolen $100,000, and loaned it $300,000 at a subsidized rate, to...