Grimes Raises Money With Billionaire Who Moved 600 Jobs Out Of Kentucky

FOR IMMEDIATE RELEASE
September 17, 2014
Contact: Allison Moore 502-618-1372

LOUISVILLE – Team Mitch today released the following statement and background information on Alison Lundergan Grimes raising money with Warren Buffett, the billionaire who moved 600 jobs out of Kentucky this year.

“Alison Lundergan Grimes is fundraising in California today with an Obama billionaire who chose to save a few bucks at the cost of Russell County jobs. Just months ago, Grimes was absurdly blaming Senator McConnell for the Fruit of the Loom job loss and now she's being entertained while her campaign is funded by the man who is directly responsible for six hundred Kentuckians losing their job,” said Team Mitch spokeswoman Allison Moore.

BACKGROUND

Fruit Of The Loom Is Owned By Warren Buffett’s Berkshire Hathaway. “The company, owned by Warren Buffett's Berkshire Hathaway but headquartered in Bowling Green, said the move is "part of the company's ongoing efforts to align its global supply chain" and will allow the company to better use its existing investments to provide products cheaper and faster.” (Janet Patton, Cheryl Truman, Bill Estep, “Fruit of the Loom to close Jamestown plant, lay off all 600 workers,” Herald-Leader, 4/3/14)

Fruit Of The Loom Closed Their Jamestown Plant And Laid Off 600 Workers In 2014. “Clothing company Fruit of the Loom announced Thursday that it will permanently close its plant in Jamestown and lay off all 600 employees by the end of the year.” (Janet Patton, Cheryl Truman, Bill Estep, “Fruit of the Loom to close Jamestown plant, lay off all 600 workers,” Herald-Leader, 4/3/14)

Fruit Of The Loom Is Moving Their Textile Operations To Honduras. “The company said it is moving the plant's textile operations to Honduras to save money. The company plans to close the plant in phases from June 8 through Dec. 31.” (Janet Patton, Cheryl Truman, Bill Estep, “Fruit of the Loom to close Jamestown plant, lay off all 600 workers,” Herald-Leader, 4/3/14)

Fruit Of The Loom Moving Out Of Jamestown, Kentucky Will Cost The City Millions. “Hoover said the city of Jamestown gets more than $200,000 a year from occupational tax from plant employees. He said Fruit of the Loom pays the city $1.6 million a year for the wastewater treatment plant, which was upgraded a few years ago at the request of Fruit of the Loom. "I don't know how they make the bond payment once Fruit of the Loom leaves," Hoover said.”  (Janet Patton, Cheryl Truman, Bill Estep, “Fruit of the Loom to close Jamestown plant, lay off all 600 workers,” Herald-Leader, 4/3/14)

Fruit Of The Loom Was A Major Employer In Russell County And The Lake Cumberland Region. “Russell County Judge-Executive Gary Robertson said he first heard of the pending layoffs on Thursday afternoon. He said that not only was Fruit of the Loom a big employer for Russell County, but for surrounding counties in the Lake Cumberland region as well.” (Janet Patton, Cheryl Truman, Bill Estep, “Fruit of the Loom to close Jamestown plant, lay off all 600 workers,” Herald-Leader, 4/3/14)

Russell County’s Unemployment Rate Was 11.5%. “Russell County's unemployment rate was 11.5 percent in February, up from 10.3 percent in January. Of the 8,103 people in the civilian labor force, 934 did not have a job, according to the latest numbers from the Kentucky Office of Employment and Training.” (Adam Beam, “Fruit of the Loom to close U.S. plant, move jobs to Honduras,” AssociatedPress, 4/3/14)

The Jamestown Plant Was The Last Plant Fruit Of The Loom Had In Kentucky. “The Jamestown plant is the last Fruit of the Loom plant in a state where the company had once been a manufacturing titan second only to General Electric. (Janet Patton, Cheryl Truman, Bill Estep, “Fruit of the Loom to close Jamestown plant, lay off all 600 workers,” Herald-Leader, 4/3/14)

 

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