The Associated Press
May 30, 2009
NEW BEDFORD - A leather-goods factory raided in 2007 by US immigration agents will close its doors by July 31, the company that owns the plant said yesterday.
Alliant Techsystems, a Minneapolis-based military contractor, said in a statement that the factory was operating well below capacity and that the closure is part of a consolidation plan of its wholly owned subsidiary, Eagle Industries Inc.
US Representative Barney Frank called the closure "absolute corporate savagery" and said it made ATK "unfit" to continue as a US contractor. "To buy a company solely for the purpose of closing it down, presumably to eliminate a competitor, is irresponsibility of the worst sort," Frank said.
http://www.boston.com/business/articles/2009/05/30/factory_that_was_site_of_07_customs_raid_to_shut/
