A HISTORY OF FARIBAULT WOOLEN MILLS
1865: Founded by Carl Klemer, a German-born cabinetmaker. Mill begins as a horse-powered factory that turned wool into wool batting.
1877: Begins selling blankets.
1917: Mill gets contracts to make army blankets during World War I.
1989: Acquires the Three Weavers, a small mill in Houston.
1990s: With textile weaving going overseas, mills around the country start closing.
2001: Investor Michael Harris of Wayzata starts running the company, ending 136 years of Klemer family management. With $4 million in assets but $12 million in debt, it was on the verge of bankruptcy.
2009: Mill closes.
2011: Mill bought by Paul and Chuck Mooty; will reopen in August.