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1) "Polartec" -- As to polartec socks Malden Mills Industries is the original manufacturer of Polartec polar fleece and manufactures other modern textiles. The company is located in Lawrence, Massachusetts and also has operations in Hudson, New Hampshire. - For more on this topic, see Aaron Feuerstein.
The Malden Mills factory burnt down on December 11th 1995, CEO Aaron Feuerstein decided to not only to use his insurance money to rebuild the factory, but to also pay the salaries of all the now-unemployed workers while it was being rebuilt. By going against common CEO business practices, especially at a time when most companies were downsizing and moving overseas, he achieved a small degree of fame. In November of 2001 Malden Mills declared bankruptcy after the early century recession left the company unable to pay creditors related to its rebuilding and payroll commitments. The company achieved solvency due to the generousity of its creditors and government subsidies. Feuerstein was relieved of actual control of the company by its creditors. However, in January 2007, current CEO Michael Spillane announced that Malden Mills would file for bankruptcy again, and will be sold to the Gordon Brothers Group of Boston. [1] - http://www.maldenmills.com
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2) "Socks" -- As to polartec socks 1sock Pronunciation: 'säk Function: noun Inflected Form(s): plural socks Etymology: Middle English socke, from Old English socc, from Latin soccus 1 archaic : a low shoe or slipper 2 also plural sox /'säks/ : a knitted or woven covering for the foot usually worn under shoes and extending above the ankle and sometimes to the knee 3 a : a shoe worn by actors in Greek and Roman comedy b : comic drama - sock·less adjective Pronunciation Symbols Socks may refer to: - Sock, an item of clothing worn on the feet in pairs.
- SOCKS, an Internet protocol that allows client-server applications to transparently use the services of a network firewall.
- Socks (cat), the household pet of Bill Clinton, during his presidential terms in the White House.
- Socks (character), the name of one of the minor characters in the 1960s version of the Josie and the Pussycats comic book.
- Sock (disambiguation), for other uses of the singular form Sock.
- Sox
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Further Data On Term for polartec socks
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