Monday, November 18, 2013

to hat not

"A global trade-policy shift in 2005 allowed Chinese factories to flood the U.S. market with hats made by workers paid a fraction of the $15-an-hour average wage Bollman's nonunion workers received. The Adamstown factory had made many inexpensive store-brand hats sold by discount retailers.

"Bollman lost a $4 million Walmart account to the Chinese. Others followed.

"The dropping of trade quotas proved devastating. Domestic hat manufacturing had held about 20 percent of the U.S. market prior to that. Today, it is 5 percent, said Nate Herman, vice president of international trade for the American Apparel and Footwear Association."

Read more at Philly.com

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