When the high road isn't enough: North Carolina's hosiery industry has it all: technology, training and employer-worker partnerships. But because of lax--and often unenforced--trade laws, it still may lose out to cheap foreign labor.
American Prospect, The, January, 2004 by McGarvey, Ayelish
DAN ST. LOUIS MAY NEVER GRACE THE COVER OF Business Week magazine or dash off to board meetings in a Gulfstream jet. He works in a cramped, windowless office in a former Nickel's department store that is now home to a branch of Catawba Valley Community College in Hickory, N.C. But he is a man on a mission to save an entire industry. Specifically, socks.
For many of Hickory's residents, the hosiery industry has provided good hourly wages--today, $12 or more--as well as health insurance, paid vacations and retirement benefits for three generations of workers. Nestled in the ...
Read the rest of this article with a Free Trial at HighBeam Research.