Textiles May Have Seen Worst Days Analysts Say
Analysts in Anderson say the textile industry may be past the worst of its troubles as 6,000 jobs were lost in South Carolina in 1985 bringing total losses since 1980 to 23,900. Industry leaders expect consolidation and recovery through automation and mergers, with emphasis on specialty products and domestic support.
MENTIONED IN THIS ARTICLE
Anderson
South Carolina
Ryan Amacher
Clemson University
College of Business and Industry
J.P. Stevens
Piedmont
Riegel
Ware Shoals
Cheney Brothers
Pendleton
L&l Manufacturing
Abbeville
Mount Vernon Mills
Riegel Textile Corp
Springs Industries
M. Lowenstein Corp
Amacher
John Rampey
Millken & Co
Rampey
Randy Kiser
Afl-Cio
Columbia
Kiser
Parents Face Million-Dollar Bills for Septuplets
The Frustaci parents Samuel and Patty face medical bills exceeding 1 million dollars for their three surviving septuplets. Their lawyer Browne Greene described financial strain and disrupted plans as Mrs. Frustaci, a teacher with a master's, cannot return to teaching. He likened their situation to living in a war zone after the May birth that included a stillbirth.
MENTIONED IN THIS ARTICLE
New York
Frustaci
CBS News
Face the Nation
Greene
Wal Mart Seeks U S Made Flannel Shirts to Compete
Wal Mart Stores Inc aims to reverse a trend of imports by ordering 240000 flannel shirts from a Brinkley Arkansas maker under a 600000 contract. The move targets products American factories stopped producing due to foreign competition. The effort seeks competitive pricing and to prove U S manufacturers can supply Walmart’s winter season needs.
MENTIONED IN THIS ARTICLE
Sam Walton
Wal-Mart Stores Inc
United States
Brinkley, Ark
Wal-Mart pushes US made goods to curb imports
Wal-Mart President David D. Glass and founder Sam Walton urge reversing the trade deficit by sourcing more products from American manufacturers. The chain aims to cut foreign purchases from 5 percent to 4 percent of goods and argues quotas restrain consumer choices while keeping prices high.
MENTIONED IN THIS ARTICLE
David D. Glass
Wal-Mart
K-Mart Corp
Glass
Walton
Health Better But Elderly Get Multiple Illnesses
Durham AP reports that while many seniors stay relatively healthy as they age, once health declines they often face multiple illnesses. Experts note projections show 20 percent of the population will be over 65 in 45 years, with current trends highlighting healthy aging alongside complex medical needs.
MENTIONED IN THIS ARTICLE
Durham
North Carolina Center For Public Policy Research Inc
Harvey Coen
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Frustacis
U.S
Paula B. Daniel
Aoe
SUN
Hulk Hogan
Andre the Giant
Mattel
Rainbow
Hasbro
Transformers
Playskool Alphie
Crystal Castle
Milton Bradley
Augusta
Toys ‘‘R
Aus
TOYS
Wrightsboro RD
Augusta Mall
Wrightsboro Road
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