April 05, 2020

Hathaway firm to be featured in PBS series

BANGOR — Waterville’s Hathaway Shirt Co. is the opening topic in the fourth segment of a new documentary miniseries that will be shown on PBS television stations in Maine at 1 p.m. Sunday, Jan. 25.

The four-hour series, called “Surviving the Bottom Line,” hosted by author Hedrick Smith, examines the challenges in today’s economic climate. The series starts with a look at the social costs associated with record stock market profits and ends examining innovative survival strategies in corporate America. In the show’s final segment, the saving of the Hathaway Shirt Co. is held up in contrast to short-term profitability goals that almost led to its permanent closing.

In addition to other innovative companies, the fourth segment of the series also looks at employee stock ownership plans and the use of investment funds to encourage employee control of companies.

The first two segments of “Surviving the Bottom Line,” which look at a city tying its fate to high-tech firms, and the successes and failures of Wall Street, will run concurrently and start at 1 p.m. Sunday, Jan. 18.

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