Aiken County Textiles Hit by Imports and Recession
Three Graniteville and AM&M executives outline the impact of foreign textiles and the national downturn on Aiken County. Graniteville reports a six month loss of about 6.5 million with 500 layofs at the Warren Division, while Owens-Corning in Aiken slowdowns and new lines aim to boost profits. United Merchants and Manufacturers notes the industry’s low mood and Seminole Plant closure as markers of broader trouble.
MENTIONED IN THIS ARTICLE
Aiken County
Graniteville
United Merchants and Manufacturers
Graniteville Company
Warren
Robert Timmerman
Timmerman
U.S
China
Robert A. Hrubala
Owens-Corning
Aiken
Hrubala
Gerald Stroud
Stroud
Am&m
Seminole
Congress asks Reagan to curb textile imports from China
North and South Carolina lawmakers urged President Reagan to restrict textile and apparel imports to aid the ailing industry. The meeting with Vice President Bush and top trade officials followed reports of a 1982 deficit potentially reaching 6.6 billion, with imports rising and exports falling. Senator Strom Thurmond said the request seeks growth-limited import levels aligned with domestic gains.
MENTIONED IN THIS ARTICLE
Washington
North Carolina
South Carolina
Reagan
China
United States
George Bush
U.S
William Brock III
Peter Murphy
American Textile Manufacturers Institute
Sen
Strom Thurmond
R-S.c
Thurmond
Also Mentioned on This Page
Sens
Ernest Hollings
Butler Derrick
Bill Johnson
Kirby Hoover
Eureka
Panasonic
Kenmore
Aiken Hospital
Wa Mart
Wal Mart
Salis
Wal-Mart
OSHA
Wal-Mart Special
Mitchell Shopping
Goodyear
Walmart