Unite HERE! Accepts New Contract with Polartec® LLC

Unite HERE! Accepts New Contract with Polartec® LLC, the Manufacturer of Polartec® Fabrics
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March 2, 2007 (Lawrence, MA) – Polartec® LLC announces that Unite HERE! union members have approved the terms of a new collective bargaining agreement between Unite HERE! and Polartec® LLC. Polartec® LLC intends to close shortly on its purchase of certain assets of the company formerly known as Malden Mills Industries, Inc. Malden Mills currently employs approximately 550 Unite HERE! members in the manufacture of Polartec®-branded fabrics at its Lawrence and Methuen, Massachusetts and Hudson, New Hampshire plants. Members voted in favor of the new three and a half year contract by an overwhelming majority, which will allow for continued employment of every Unite HERE! employee with Polartec®, thereby strengthening the future of Polartec® in Massachusetts.

Polartec® LLC is the developer, manufacturer, and marketer of Polartec® performance fabrics. Polartec® products range from lightweight wicking base layers to insulation to extreme weather protection and are utilized by the best clothing brands in the world. In addition, Polartec® fabrics are used extensively by all branches of the United States military including the Army, Navy, Marine Corps, Air Force, and Special Operations Forces. For more information please visit our website at www.polartec.com.