Williams: Goal is to keep plant in family
by BRIAN GRAVES Banner Staff Writer
Jun 03, 2014 | 1731 views | 0 0 comments | 23 23 recommendations | email to a friend | print
Joe V. Williams III said Tuesday his attempt to acquire Hardwick Clothes was to “keep it in the family.”

In doing so, Williams said an objection to the sale will be filed with the U.S. Bankruptcy Court in Chattanooga.

That objection will be part of the final sale hearing scheduled for 9 a.m. Friday.

Williams made a $2.1 million bid for the company last Friday, which was $200,000 more than the offer from Allan Jones and Jones CapitalCorp.

The attorneys for Hardwick disqualified the bid on the grounds there was no cash deposit with the bid and there was “insufficient documentation and evidence of ability to pay cash for the overbid amount.”

“Being positive about this, I just want to keep it in the family,” Williams said.

Williams is the great-grandson of the founders of the company and he referred to his many years working at Hardwick.

“I ran the company for 20 some years,” he said. “I got started working there in 1967 and then worked there from 1973-1996.”

Williams said under his management, the company was profitable.

“It can be profitable and has a great reputation in the marketplace,” he said. “I believe it still can be. But, it is my desire to keep it in the family, and I will do all I can to make that happen.”