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WILTON – A shoe company that moved into the Bass-Wilson complex in September is already gone, and it took 30 jobs with it.
Med Shoe Inc., which made therapeutic shoes, could not get financial backing after the Sept. 11 terrorist attacks, said owner Nora McDonald.
“We’ve closed up. We couldn’t get our loans,” MacDonald said Monday. Her financial backer lost a lot of money in the stock market after Sept. 11, she said, and wouldn’t be able to recoup his losses for at least a year.
Franklin County has been hit hard by shoe plant closings. G.H. Bass closed in Wilton in 1998 and Cole Haan shut down its Livermore operation a year later. The Franklin Shoe plant also closed in Farmington.
The most recent closing was Maine Shoe in April, which also operated a small business in the Bass-Wilson complex.
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