Aaron Feuerstein, 95
November 8, 2021
Aaron Feuerstein
BROOKLINE, MA— Aaron Feuerstein, 95, succumbed to injuries from an October 25 fall and passed away December 2.
He was best known for continuing to pay salaries for three months to his 1,400 employees after a fire burned down the Malden Mills factory in Lawrence, MA. In 1995. Feuerstein’s grandfather started the textile mill in 1906.
At one time, Malden was an upholstery fabric maker utilizing flock technology. The company stopped making upholstery in 1997.
Feuerstein subsequently rebuilt the factory on the same site instead of moving the business to the South or offshore.
Malden Mills went into bankruptcy in 2001, eventually recovered and was later sold to a private equity firm and finally sold to Milliken & Co.
Feuerstein is survived by two sons Daniel and Raphael; a sister and six grandchildren.
He was best known for continuing to pay salaries for three months to his 1,400 employees after a fire burned down the Malden Mills factory in Lawrence, MA. In 1995. Feuerstein’s grandfather started the textile mill in 1906.
At one time, Malden was an upholstery fabric maker utilizing flock technology. The company stopped making upholstery in 1997.
Feuerstein subsequently rebuilt the factory on the same site instead of moving the business to the South or offshore.
Malden Mills went into bankruptcy in 2001, eventually recovered and was later sold to a private equity firm and finally sold to Milliken & Co.
Feuerstein is survived by two sons Daniel and Raphael; a sister and six grandchildren.
