Bat maker says loan resulted in return of furloughed workers
FILE - In this Thursday, March 28, 2013, file photo, Louisville Slugger baseball bats are shown in Louisville, Ky. The manufacturer of Louisville Slugger bats says it put 171 furloughed employees back on the payroll after receiving a loan from a government program aimed at helping small businesses. Hillerich & Bradsby Co. resumed production at its wood bat factory in Louisville on Monday, May 11, 2020, as parts of Kentucky’s economy reopened after weeks of shutdowns because of the coronavirus outbreak. The bat factory had been idled for nearly two months amid the global pandemic. (AP Photo/Brett Barrouquere, FIle)
LOUISVILLE, Ky. (AP) — The maker of Louisville Slugger bats says it put furloughed employees back on the payroll after receiving a loan from a government program aimed at helping small businesses.
Hillerich & Bradsby resumed production at its wood bat factory in Louisville on Monday.
It came as parts of Kentucky’s economy reopened after weeks of shutdowns because of the coronavirus outbreak.
The company won’t disclose the amount of the loan it received under the Paycheck Protection Program.
But it says the cash infusion was instrumental in restoring 171 furloughed employees — or about 90% of its work force — to the payroll.
