health insurance – Renew GSP Today https://renewgsptoday.com A resource from the Coalition for GSP Thu, 24 Sep 2020 13:46:02 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.1 https://renewgsptoday.com/wp-content/uploads/2017/04/cropped-CoalitionForGSP-Logo-ICO-32x32.png health insurance – Renew GSP Today https://renewgsptoday.com 32 32 Western Massachusetts small business: GSP savings “enough to pay for staff health care or a new employee” https://renewgsptoday.com/2020/09/24/western-massachusetts-small-business-gsp-savings-enough-to-pay-for-staff-health-care-or-a-new-employee/ Thu, 24 Sep 2020 13:46:01 +0000 http://renewgsp.wpengine.com/?p=8515 dZi, Inc. in Easthampton, Massachusetts was founded in 1990 to provide a market for products made by the Tibetan refugee community in India. A founding member of the Fair Trade Federation, which is dedicated to helping marginalized artisan communities in developing countries, today dZi’s purchases support over 1,000 artisans in Nepal and India.

GSP eliminates tens of thousands of dollars in tariffs annually for dZi, “enough to pay for staff health care or a new employee.” dZi’s 10-person staff in western Massachusetts handle all aspects of design, marketing, warehousing, fulfillment, and customer service – “soup to nuts” as founder and CEO Mac McCoy says.

Watch Mac explain why he urges “all of Congress to move on this cornerstone of good American policy that helps both businesses in our country and struggling communities in developing countries.”

If you’re a GSP importer, submit your own video testimonial here.

]]> GSP Company Profile: Summit Specialty in Alpharetta, Georgia https://renewgsptoday.com/2017/07/24/gsp-company-profile-summit-specialty-in-alpharetta-georgia/ Mon, 24 Jul 2017 17:19:17 +0000 http://renewgsp.wpengine.com/?p=7967 Summit Specialty is a small business in Alpharetta, Georgia that supplies interior pine doors for the U.S. residential housing market. GSP eliminates the 4.8 percent import tax on the 1 3/8″ doors that Summit sources from Brazil and helps reduce costs for new single-family homes built throughout the United States.

New tariffs from GSP expiration in 2013 put Summit’s products at a disadvantage to doors imported from non-GSP countries. In total, Summit Specialty paid just a hair under $200,000 in extra taxes because of GSP expiration. As a result, Summit Specialty delayed both hiring additional workers and new capital equipment purchases, thereby halting its growth.

The retroactive renewal allowed Summit Specialty to hire 2 new workers and improve the existing jobs by increases salaries and starting to provide health insurance. Summit Specialty also invested in new capital equipment, positioning it for continued future growth.

Our Summit Specialty profile page has more details about the importance of continued GSP benefits to the company (also available as a one-page PDF here or below).

Learn how GSP allows other American businesses and workers to thrive on our Company Profiles page.

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