Joan’s McCallum Closes World’s Largest Jacquard Plant in Fall River

LOWELL, Mass. - Joan Fabrics Corp. owner Elkin McCallum began a gut-wrenching restructuring of his upholstery mills this summer that included the October closing of a 300,000-square-foot jacquard plant in Fall River, Mass. McCallum laid off hundreds of workers and top management staff throughout the streamlining process, during which upholstery sales slipped from $600 million to $300 million, he said....