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New Balance Athletics, Inc. (NB), best known as simply New Balance, is one of the world's major sports footwear and apparel manufacturers. Based in Boston, Massachusetts , the multinational corporation was founded in 1906 as the New Balance Arch Support Company .
On August 3, 2015, Berkshire Partners and New Balance Holding, Inc. completed the acquisition of The Rockport Company from the Adidas Group, and combined Rockport with Drydock Footwear, an affiliate of New Balance, to form a new company called The Rockport Group. Drydock brought with it the Aravon, Cobb Hill, and Dunham brands to the new firm.
The New Balance Athletic Shoe Company operates a factory in the community. In 2003, Skowhegan was a major filming location for an HBO movie based on the 2001 Pulitzer Prize winning novel Empire Falls, by Maine author Richard Russo. [25] A restaurant on Water Street was renamed the Empire Grill after being filmed for the movie. [citation needed]
Discover the latest breaking news in the U.S. and around the world — politics, weather, entertainment, lifestyle, finance, sports and much more.
Aug. 15—New Balance has worked out a payment-in-lieu-of-taxes agreement with the town of Londonderry as part of its plan to build its sixth U.S. sneaker manufacturing facility near the ...
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