Polartec, LLCLawrence, MA, United States

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Polartec Company Description

What keeps arctic explorers warm and marathon runners dry? Polartec's high-tech fabrics. Formerly Malden Mills, the company makes all-season synthetic fabrics used primarily in the manufacture of performance apparel and outerwear under the eponymous Polartec brand. The textiles are found in products sold by apparel retailers such as L.L. Bean, The North Face, and Timberland. The company filed for Chapter 11 bankruptcy protection in 2007 -- its second time in about five years -- and then decided to liquidate in Chapter 7 instead. Later that year Malden Mills' assets were sold to Chrysalis Capital Partners, and they changed the name of the company to Polartec, LLC.

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The Company Description provides a historical perspective of Polartec's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Polartec's evolution in the marketplace.

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