Local Historian Reacts To Berkshire Hathaway Demolition
The New Bedford mill where billionaire investor Warren Buffett first made his mark is being torn down.
Roland Letendre, who's owned the Berkshire Hathaway mill in the South End for years, started demolishing the structure on Monday after years of trying to sell it. Letendre says the building needed about $1 million in repairs. He plans to sell the 18-acre site once the demolition is completed.
Local historian Peggi Medeiros said she burst into tears when she learned of the demolition. She tells WBSM News, its amazing Warren Buffett has never had any interest in the building after closing the mill in 1985.
Late last year, Mayor Jon Mitchell convinced the Wall Street Journel to do a story about the historic mill, hoping to scare up a buyer, but there were no takers.