HAVERHILL, Mass. (AP) -- Amid all the gloom, there is some good economic news in Massachusetts.
Southwick Clothing, which has been supplying suits to Brooks Brothers since 1948, on Tuesday opened the doors of its new manufacturing plant in Haverhill. It had previously been in nearby Lawrence.
The Eagle-Tribune reports that the facility features $10 million worth of new equipment it hopes will help it stay competitive in a global market and keeps about 300 jobs in the state from going overseas.
Southwick's Chief Operating Officer Joe Antista says the company was on the verge of going out of business in July, when it was bought by Retail Brand Alliance, the parent company of Brooks Brothers.
Antista says the "Made in America" label is important to Brooks Brothers.