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When Faribault Woolen Mill Company closed its doors in 2009 it seemed that one of America’s most venerable blanket-makers would be left to history. However, such concerns were premature: two enterprising Minnesota businessmen have given the firm a second life.

Just before the turn of the 20th century America’s Upper Midwest was home to some 800 woollen mills. Minnesota’s Faribault Woolen Mill Co, founded at the close of the American Civil War in 1865, would ultimately become the region’s most successful. The original “one-man mill” consisted of…



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