Occupational Activities

Update: Jun 13th, 2011

A whole lot of shoes, Dexter, 1989

Picture 14 of 17

For decades, Dexter Shoes factories in Maine cranked out millions of shoes and shipped them all over the world. Founded in 1957 by Harold Alfond with $10,000, Dexter Shoes became one of the largest shoe manufacturers in the country. When Harold Alfond and his nephew, Peter Lunder, sold the company to Warren Buffett in the ’90s, they received $420,000,000 worth of stock in return. Harold was given this pair of bronzed shoes on his 75th birthday, commemorating the 125,000,000th pair of shoes manufactured in the Dexter factories.

Courtesy of the Alfond Youth Center

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