Gaffney

As Romney's firm profited in SC, jobs disappeared

GAFFNEY, S.C. -- More than two decades ago, Mitt Romney's business venture came to town with a bounty of highly anticipated manufacturing jobs. The new plant, just past the gas station off Interstate 85, needed skilled workers to churn out thousands of photo albums.

Four years later, the Holson Burns Group Inc. -- the company controlled by Romney's Bain Capital LLC -- closed the factory and laid off about 150 workers. Some jobs were sent north, where months later many of those were also eliminated. Other operations went overseas.

But Bain walked away with millions in profits.

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