“NCTO congratulates President Trump on his inauguration. The US textile industry is eager to partner with him to stimulate American jobs, production, and exports,” said NCTO president and CEO Auggie Tantillo.
“From fibres to finished fabrics, American companies make the highest quality and most innovative textiles in the world. Given a level playing field, US textile industry is primed for expansion,” Tantillo added as he noted the sector’s comeback from the 2008 financial crisis despite intense competition from Asian suppliers that often benefit from state subsidies and cents-on-the-hour wage rates. Since the end of the recession in mid-2009, US textile production has grown by 21 per cent.
Thanking outgoing President Barack Obama, Tantillo said, “US textile manufacturers are grateful for his administration’s work to improve the industry’s competitiveness.”
Pointing out that President Obama created and funded a fibre and textile manufacturing innovation centre, the Advanced Functional Fabrics of America (AFFOA) and that his administration opened a direct and very sincere line of communication with NCTO on sensitive policy matters, Tantillo remarked, “The US textile sector had a legitimate and impactful seat at the policy table in recent years, a privilege greatly appreciated.” (RKS)
Fibre2Fashion News Desk – India
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