Sunday, September 23, 2012

Fake Caps Threaten WNY Jobs

September 21, 2012 Updated Sep 21, 2012 at 6:37 PM EDT

BUFFALO, NY (WKBW) - At least twice a day, representatives of New Era execute raids of foreign factories in countries like Malaysia, Indonesia and Vietnam, where knock-off caps are made.

But the vast majority of counterfeit hats, about 98 percent, are made in China and shipped to the U.S. to the tune of three million each year.

New Era is able to seize just a third of the fakes.

U.S. Senator Charles Schumer is proposing federal assistance so New Era can protect 700 local jobs, which the company says are threatened by foreign fakes.

Source: http://www.wkbw.com/news/business/Fake-Caps-Threaten-WNY-Jobs-170765366.html

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