Starters-The Mootys Revive Faribault Woolen Mills-August 2011
With the Faribault City Council voting on June 28 to forgive a previous owner’s $72,000 in utility bills, the Mooty family, including Chuck Mooty, former CEO of Edina-based International Dairy Queen, has closed on the purchase of the defunct Faribault Woolen Mills. The mills, which first opened in the mid-1800s, have been shuttered since 2009 when approximately 80 employees lost their jobs. The Mootys hope to have the business operating again by next year, starting with the manufacture of blankets and throws—the mills’ stock in trade in the past—and possibly expanding into fashion, hospitality, and government markets.
“The textile world is all overseas at a time when there are huge economic needs locally,” Chuck Mooty said to the Faribault Daily News in late June. “We need to restore this industry, and find a way to become a strong domestic provider.”