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 readingUniversal Arquati Moulding is a leading U.S. supplier of quality picture frame moulding, some of which is imported from Indonesia under GSP. In addition to its California headquarters, the company has facilities in Somerset, New Jersey and Carrollton, Texas and sales reps throughout the rest of the country. New tariffs from GSP expiration in 2013.....
Continue readingThompson Traders is a family business founded by the Thompson Family. The company aims to provide hand-crafted, luxury sinks and tubs at affordable prices, and GSP is vital to meeting that goal. After 7 years of trials and tribulations, the start-up company reached break-even in 2013 and had grown to 20 employees. Then Congress allowed...
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