Congresswoman Louise M. Slaughter (NY-28) issued a statement congratulating Hickey Freeman's parent , HMX Group, on successfully securing an improved credit facility which will allow the company to continue its operation. Recently, Slaughter, concerned about the future of Hickey Freeman's 400 Rochester-based employees, contacted HMX Group's lenders, urging them to continue to provide credit to the company while they lined up permanent financing. The breathing room that the banks provided was enough to allow HMX Group to sign with a new lender.
"I am so pleased that our efforts helped to save Hickey Freeman from financial distress," said Slaughter. "Just last week I stood in front of Hickey Freeman headquarters to fight for the American worker, and today is our first victory. This is a great day for an iconic Rochester employer, its hundreds of workers, and our community."
Founded in 1899, Hickey Freeman has long been an iconic American fashion brand. Hickey Freeman suits have been worn by President Barack Obama and most recently by NBC commentators and sportscasters at the London Olympics.
Congresswoman Slaughter has long supported Hickey Freeman and their local workforce. She has ensured that the company isn't unfairly burdened with tariffs on wool they import. Three years ago, Congresswoman Slaughter stepped in to keep the Hickey Freeman manufacturing facility open when its parent company went through bankruptcy reorganization.