Detailed text transcripts for TV channel - MSNBC - 20161105:09:39:00
When they bought the company, carol manufacturing, from industry giant oneida five years earlier. >> we manufactured for oneida and other flatware marketers. >> when the recession hit in 2008, orders for forks, knives, and spoons simply dried up. >> they stopped buying from us or in some cases they would buy things they didn't have a whole lot of. it was dribs and drabs of orders. >> it was a disaster, and with barely any cash coming in, the pair took drastic action. they closed the factory, let 100 employees go and shifted production for their remaining clients to mexico. >> we were left with...
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