New Era Cap reaches severance agreement with workers, will close plant at end of March

[Marcuse]

Source: Buffalo News

Soon, the manufacture of nearly all of those caps will be outsourced to companies in China, Vietnam, Bangladesh and Haiti. The move is part of what New Era officials describe as a shift in the company's business model: Long a hatmaker, the 99-year-old New Era is now stepping away of the manufacturing business and fashioning itself as a branding and marketing company. New Era sells caps, apparel and accessories around the world, and operates more as a fashion brand (think Nike or Under Armour, but smaller) than as a manufacturer.



Read more: https://buffalonews.com/2018/11/13/new-era-plans-closure-of-derby-manufacturing-plant-in-march-2019/

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This is in the district of the Dishonorable Chris Collins. They voted for the Impotus who promised to stop this stuff. New Era's contract with MLB required caps manufactured in the USA. All others will be outsourced to slave labor markets overseas.

[Sucha NastyWoman]

1. So is this the maker of MAGA hats?

I tried to read further in the article but the link isnt working right

[Marcuse]

3. Link fixed.

[jmowreader]

6. I don't think so

New Era’s most famous product is Major League Baseball caps. Every team in MLB buys all their caps from this firm, and all the souvenir caps sold to fans are made by New Era.

[William Seger]

2. "branding and marketing"

Right, why take on all the risk and hassle of manufacturing when you can make more money by just exploiting the cheapest labor in the world.

[JDC]

4. Guess they can get rid of that giant wall of a sign in the Buff airport

[EarthFirst]

5. Will the WNY MAGA-bots feign outrage?

My guess is sure...for about two weeks.

Or just until pre-season football begins.

[marble falls]

8. Their caps are already made in asia.

[Firestorm49]

7. So I guess that their tax breaks just weren't enough to keep them here.

I guess we need to give them more?

[marble falls]

9. They actually give tax breaks to US companies for off shoring ...

https://smallbusiness.chron.com/tax-breaks-offshoring-21655.html

https://thehill.com/blogs/congress-blog/economy-budget/396288-the-gop-tax-bill-rewards-offshoring-heres-what-we-can-do

https://thinkprogress.org/corporations-incentivized-offshore-jobs-tax-1cd19cc24ff3/