Watch CBS News

Brooks Brothers' Haverhill Factory Sold For $14 Million

HAVERHILL (CBS) - The Brooks Brothers' Southwick factory in Haverhill has been sold.

Eastern Real Estate will buy the building and 21 acres of the property for $14 million.

Brooks Brothers filed for bankruptcy six weeks ago.

Two other firms - the mall owner Simon Properties and Authentic Brands - have bought Brooks Brothers.

It's unclear what the sale means for the 400 people who work at Southwick. Their union sent a letter to the CEO of Authentic Brands asking him to save the factory and keep manufacturing in the U.S., but so far, there's been no response.

EMERGENCY COMPONENT - LOCAL

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.