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LEWISTON – One of the last shoemaking companies in an area where footwear was once a major industry is for sale. Falcon Shoe was put up for sale earlier this month, the Lewiston Sun Journal said Thursday. Falcon’s parent company, Iron Age Corp., has decided…
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LEWISTON – One of the last shoemaking companies in an area where footwear was once a major industry is for sale.
Falcon Shoe was put up for sale earlier this month, the Lewiston Sun Journal said Thursday. Falcon’s parent company, Iron Age Corp., has decided to move all production work to Asia, the newspaper reported.
Iron Age and Falcon officials would not comment on the report.
Nearly 100 Falcon employees make specialty footwear at the Lewiston shop. At its peak, Falcon employed nearly 500 people.
The company generates about $2 million a year in private-label sales to companies that want a “Made in the USA” label on their footwear. High-tech fire boots are among its biggest sellers.
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