Forstmann closing plant in East Dublin

Forstmann closing plant in East Dublin

There are 3 comments on the The Macon Telegraph story from Mar 1, 2007, titled Forstmann closing plant in East Dublin. In it, The Macon Telegraph reports that:

Victor Forstmann Inc., once the economic backbone of Laurens County, announced Thursday that it is shutting down, putting 124 people out of work.

Join the discussion below, or Read more at The Macon Telegraph.

Jim Johnson

Louisville, KY

#1 Mar 2, 2007
Forstmann has been on the downward
slide since 1986-87
Everyone in the county knew it.
Money hungry big wigs killed it for their on profits.
Jim Johnson

Louisville, KY

#2 Mar 2, 2007
Yes Victor Forstmann was built up then sold for great profits. Corp radiers started it in 1986-87
Remember how exe would come in and sell off pieces
then leave a skeleton. Well this is what they did, many times over. Do some research on it.
Look at the Company heads and see if they live in public housing. Nope they live in at least 5000 sq foot plus houses in other parts of the state and South Carolina.
Former Employee

New Orleans, LA

#3 Mar 28, 2007
I have family who worked there for years. So I can say first hand you are right in your take on the subject of bleeding it dry. Because of such actions, a relative of mine lost retirement money and still worked there 47 years.

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