Fab-Line Machinery in Nashville supplies metalworking equipment (e.g., press brakes and shears) to American manufacturers. With average machine costs of nearly $150,000, GSP eliminates about $7,500 per machine imported by Fab-Line from Turkey. When GSP expired in 2013, Fab-Line was forced to raise prices to compensate for those new import taxes. Ul...
Continue readingIn March 2017, the GSP program saved American companies $62 million on about $1.6 billion in imports. GSP imports were down by 2 percent – though tariffs savings were up by 1 percent – compared to March 2016. In the first quarter of 2017, GSP imports were basically flat by value and up about 2...
Continue readingM S International (MSI) is a leading distributor of flooring, countertop, wall tile and hardscaping products. Founded in 1975 by a husband and wife team, MSI got its big break in 1981 as the supplier of the black granite for the Vietnam Memorial in Washington, DC. Today, MSI has 20 locations across North America and...
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