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Fort Payne Eyes Limits on Chinese Sock Imports
In Fort Payne Alabama known as the Sock Capital of the World industry leaders push the Bush administration to cap Chinese sock imports at 7.5 percent growth to protect 6,200 local jobs and a history of 40 percent of US socks. Opponents warn higher prices and layoffs. Local mills, suppliers, and the hosiery museum anchor the town’s economy as the administration weighs a mid July decision with a possible fall ruling.
MENTIONED IN THIS ARTICLE
Fort Payne
Ala
China
Hosiery Association
White House
Charles Cole
Cole
Alabama Footwear Inc
Gault Avenue
Ken Sanders
C.J
U.S
Alabama
Bob Thomas
Prewett Hosiery Mills
Thomas
Larry Hancock