Republic: We Blame the Bank

Window company, Bank of American finger pointing

View Comments ()



    Getty Images
    Workers occupied the Republic Windows and Doors factory Dec. 6, in Chicago. The workers, who received a three day's notice that their factory was shutting down, demanded severance and vacation pay they maintain they were owed.

     There's been plenty of blame to hand out over the sit-in at Republic Windows and Doors. Now the company is pointing fingers at Bank of America.

    Republic representatives said Friday the bank blocked a deal that would have allowed them to be profitable this year and save 240 union jobs here.

    Richard Gellman, owner of Republic, denied that his family's formation of non-union Iowa-based Echo Windows was part of any grand plan to rid Republic of its union. Echo Windows was created through the purchase of a division of window manufacturer TRACO.

    Bank of America has repeatedly denied responsibility for the plant closing.

    Read the full story in the Chicago Sun-Times.