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Virginia Beach mask-making company lays off 200 employees, sees dramatic drop in demand 13newsnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 13newsnow.com Daily Mail and Mail on Sunday newspapers.
Industry experts have noted that products from China are priced so low that it will be almost impossible for domestic companies to compete and many have already begun laying off workers. ....
Industry experts have noted that products from China are priced so low that it will be almost impossible for domestic companies to compete and many have already begun laying off workers. ....
Mask mandates have eased, a welcome milestone in the battle against COVID-19. But for the two dozen domestic companies that jumped into the mask-making business last year, the good news comes with a downside: a calamitous drop in sales. Some of the slackening demand is tied to the loosening of masking guidelines by the Centers for Disease Control and Prevention, but industry experts say a bigger factor has been the return of inexpensive protective gear from China that began flooding the U.S. market earlier this year. Industry executives and some members of Congress have accused China of dumping, noting that many imports are priced so low — sometimes one-tenth of what U.S. factories charge for comparable products — that there is little chance for domestic companies to survive. Sign up for The Morning newsletter from the New York Times In recent weeks, at least three companies have stopped producing masks and medical gowns, and several others have markedly scaled back produ ....