The previous chapters have presented an overview of the United States textile manufacturing industry, looking at the supply chain, technologies, history, major competitors, and competitive strategies, outside market forces and regulations that impact the industry. As the growing global economy has forced the industry to change and adapt, it has presented the U.S. textile industry with new opportunities. While mentioned throughout the text, following is a summary of the challenges facing the industry and the opportunities for growth.
Challenges
News reports consistently point to U.S. textiles as an example of a dying industry. Plant closings, worker layoffs, and offshoring have contributed to this decline. ...
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