CEO of HMX Group in Town to Reassure Hickey Freeman Workers
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The CEO of HMX Group visited the company's Hickey Freeman plant in Rochester on Friday. Employees were reassured by CEO Doug Williams about the company's future in Rochester.
HMX, Hickey Freeman's parent company, raised concerns after it filed for Chapter 11 bankruptcy last week.
In an effort to ease concerns, Williams released details on an offer from Authentic Brands Group, a West Coast-based licensing company, to buy HMX.
Williams says that saving their domestic plants is their main focus during this selling process.
"Our workers are the most important part of our business. I said to them they have my personal commitment that we are going to have American manufacturing here in Rochester as well as Chicago and I am fighting for that every day so all the different groups that are looking at buying the HMX companies, that's my focus with them too, to say our competitive advantage is made in the USA," Williams said.
If the offer is accepted, Authentic Brands Group will provide HMX with a 40-year license that will help the company to emerge from bankruptcy.