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A Closer Look (Worker-Owned Companies) #182078

ABC Evening News for Wednesday, Aug 05, 1998
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(Studio: Charles Gibson) Report introduced.

(Dawson, Georgia: Erin Hayes) An examination of the Dawson Textile Plant in Georgia, an example of a worker-owned company, presented; scenes shown from the factory, where money-saving measures are carried out daily by employee/owners. [Several WORKERS, plant MANAGER, bank president Jack TUCK - talk business.] The problem of competing in the textile industry where most of the job are now out of the country, where labor is cheaper, noted. [Andover Apparel CEO William COHEN - lauds the pride-in-ownership effort.]

(Studio: Charles Gibson) Statistics on the Dawson business outlined on screen. [University of California at Berkeley professor Harley SHAIKEN - talks about the loss of jobs in the textile industry; says the biggest risks are lack of funds and company debt.]

Gibson, Charles;
Hayes, Erin

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