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Fenton’s new owner seeks help, money via Kickstarter

May 15, 2013

WILLIAMSTOWN — Fenton Art Glass is asking for contributions through a Kickstarter campaign in order to aid owners USGlass with creating a digital catalog of the glassmaking moulds....

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(7)

JoshBrown

May-15-13 7:56 AM

They need to offer bonds or private stock that's how companies raise money

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mattelliott

May-15-13 8:00 AM

The Fenton saga reminds me of the recent General Motors mess. When debt became too big to manage, both filed BK and wiped the slate clean. Then, with the help of clever lawyers & accountants shuffling various paperwork, each were legally allowed to reopen with basically zero debt. What a deal...except of course for those that didn't get paid in BK court.

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exofDevola

May-15-13 12:59 PM

When I read this I thought it was an April fool joke in the wrong month. For more laughter go to the kick starter web site . Violins play while the poor workers can't make glass. Now who's fault is this exactly? Theirs? Maybe poor management lets see I want to open a company if you'll only just donate , didn't the state already do that? I'm sure all the fentons workers who were unceremoniously kicked out the door ,lost their jobs and part of their pensions will jump right in and contribute? Right . I think mr George Fenton needs to open his checkbook.

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JoshBrown

May-15-13 6:29 PM

There is money in glassware it all a matter of the right marketing. The company has a great name and should have never gone out of business.I think greed and plain bad management was the cause of it.

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CharlieW

May-16-13 4:22 AM

Every prior post on this thread is 100 % correct. Fenton's did have private stock holders who donated the land at the beginning in return for stock. There were very few who had it. Prior to this "regime" they paid a decent dividend. That all went out the window and the life style of the present "regime" is what bankrupted the company... both times . Fentons would claim massive profits from QVC deal. Yet, they would claim to the stockholders they were broke and would blame it on the union/employees who along with the shareholders, bore the brunt of the mismanagement of the Company. I will donate to the new company to preserve the molds, but everyone should run in anyone named Fenton is still involved. What a shame, what they did to this company and to the lives to the great artist that worked there

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CharlieW

May-16-13 4:29 AM

exofDevola He can't open his books.. Nothing would match

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JoshBrown

May-16-13 8:04 AM

@CharlieW Do you know who owns US Glass that bought them ?

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