New Trade Coalition Has Broad ReachA group of manufacturing companies, farmers, agri-business and
labor unions has formed a new coalition to inform the public and lawmakers about what they say is
an economic disaster resulting from unfair international trade practices. The coalition
representing some 3,000 corporations and 2 million employees is supported by the American Textile
Manufacturers Institute (ATMI), National Textile Association, American Manufacturing Trade Action
Coalition, American Fiber Manufacturers Association, Textile Distributors Association, National
Cotton Council and the textile and apparel union UNITE. It also includes metals, cattle, chemical,
paper, sugar and honey interests and the United Steelworkers of America. Members of the coalition
have major operations in 35 states.The coalition was formed by Wilbur L. Ross who, among other
things, is seeking control of Burlington Industries and Cone Mills. At a news conference announcing
formation of the Free Trade for America Coalition (FREETAC), Ross said, Americas standard of living
is being systematically destroyed by our international trading partners and the people must be made
aware of this economic disaster. He said the US governments failure to address the causes of the
growing trade deficit is supporting transfer of Americas wealth to other nations. He pointed out
that the US trade deficit is five times worse than 10 years ago and that the nation has permanently
lost 3 million jobs.Ross said the coalition will conduct an education and lobbying effort to
address the governments failure to address the causes of the trade deficit, including foreign
government currency manipulations; evasion and circumvention of US laws; unfavorable trade
agreements; and US laws that he said deny timely relief to many injured industries, their workers
and communities. He said that both the Bush administration and Congress will be targeted by the
campaign.Speaking at FREETACs news conference, Cass Johnson, ATMIs interim president, welcomed
formation of the coalition, saying it could bring a new message and a new sensibility in the trade
arena.By James A. Morrissey, Washington Correspondent
October 2003
New Trade Coalition Has Broad Reach
ITC Researches Granted Detection Method Patent
ITC Researches Granted Detection Method PatentResearchers at the International Textile Center (ITC)
at Texas Tech University, Lubbock, Texas, have been granted a patent from the US Patent Office for
a cotton stickiness detection method.Eric Hequet and Noureddine Abidi developed a multi-temperature
testing system to grade cotton according to its stickiness. The results can help growers and
spinners accurately identify different types of cotton to prevent problems that may occur during
further processing. Funding for the research was provided by Cotton Incorporated and the Texas Food
and Fibers Commission.Although the technology is not yet available to the industry, the researchers
would like to commercialize it and currently are seeking industrial partners to help them reach
this goal.
October 2003
Stoll Technology Aids Polimoda Students
The first Fall courses in knitting, weaving, printing and textile business management are set to
begin at Polimoda S.r.l., a fashion and textile training institute that opened earlier this year in
the former facilities of a wool spinning mill near Prato, Italy.H. Stoll GmbHandCo. KG, Germany,
provided CMS flat knitting machines and M1 pattern workstations to the institute, whose facilities
comprise 1,000 square meters of lecture rooms and laboratories. Polimoda shareholders including
Stoll hope the training center will provide future qualified staff to the Italian textile industry.
October 2003
Fruit Of The Loom Adopts Schlafhorst39 S Belcoro Label
Fruit Of The Loom AdoptsSchlafhorst’s Belcoro® LabelFruit of the Loom has adopted Germany-based W.
Schlafhorst AGandCo.s Belcoro® quality label on its range of value weight T-shirts. Schlafhorsts
Belcoro label certifies yarns made on Schlafhorsts Autocoro automatic rotor spinning machines and
the fabrics made from these yarns satisfy Belcoro Quality Standards. The label includes the slogan
Softer Feel for Comfort.To differentiate itself from its competitors, Schlafhorst is developing new
textiles from fiber to the finished product, according to John Cundill, managing director,
Schlafhorst Autocoro GmbH. Merely producing textile machines no longer suffices for maintaining the
position of worldwide leader, said Cundill. This partnership has been forged as a result of the
fact that Schlafhorst develops complete textile solutions jointly with its customers.
October 2003
Politics Of Jobless Recovery
J
obs and the mounting political pressure of the jobless recovery seem to have put trade
and the US manufacturing malaise on Washington’s agenda. The reality of entering an election year
with shifts in the Solid South, a host of candidates from the Democratic Party taking hold of the
issues, and jobless numbers that harken back to Herbert Hoover have actually gotten Washington’s
political juices flowing.
Apparently, the first volley from the Bush administration will include a new “manufacturing
czar,” repackaged tax cuts and an increase in political rhetoric from the likes of Secretary Donald
Evans at the Department of Commerce.
Continuing pressure on yuan revaluation has taken on additional political steam, with Sens.
Elizabeth Dole, Lindsey Graham and Charles Schumer introducing a bill that will impose tariffs of
27.5 percent on imports of Chinese goods if China does not float its currency within 180 days.
China is not apt to move quickly, and China’s refusal to accommodate Treasury Secretary John Snow’s
request during his recent visit won’t help candidate Bush sell the free trade relationship as more
than a political necessity.
The political realities of the current trade agenda may in fact be the trigger of change.
The gap between many pundits’ view of the overall economy and the effect on voters in a political
economy continues to widen. Predicted increased profits in the fourth quarter across many S&P
500 stocks, without major increases in revenue, point to continued productivity gains. Good for
stocks, not promising for employment, and not lifting all boats — after all, employment is noted as
a lagging indicator, which, absent structural shifts in the US economy, may be the case. The “
joblessness” of this recovery, however, begs consideration of those structural shifts affecting
employment.
If US manufacturing jobs continue to erode, and the “multiplier” jobs associated with
supporting domestic manufacturing drain away, the ability of the US service economy to overcome
this shock will be telling.
Economists were surprised that total nonfarm payroll employment declined by 93,000 jobs in
August and the number of factory jobs decreased by 44,000. It is a troubling report, even more so
because it was a surprise. According to the US Department of Labor, since July 2000, manufacturing
employment has declined continuously, shedding nearly 16 percent of its jobs. In August, wood
products, machinery, apparel, and electrical equipment and appliances each lost 5,000 jobs.
Employment declined by 12,000 in the textile industries.
If employment is a lagging indicator — does that ensure that the unemployed are lagging
voters?
October 2003
A-Z ITMA Exhibitor Listings
ITMA 2003 Exhibitors(With HallandStand Location)33T Tekstil Terbiye Teknolojileri16, DF16-16BAA-Tex
Worldwide7, DF7-6CA.C.C. Machine16, DF16-18AA.T.E.3, SP3-11DA.T.F.6, DF6-13AABM International5,
MU5-36BAcme19, DF19-1EActea20, DF20-10DAdaptive Control16, DF16-16EAdvanced Coating4,
SP4-7BAdvanced Dyeing Solutions16, DF16-1EAGM Jactex12, W12-2AAGS17, DF17-1BAgteks
KnittingandTextile5, K5-22AAhiba6, DF6-16AAhlstrom1, SP1-13BAigle6, DF6-3CAiny Co.3, SP3-1CAkab of
Sweden19, DF19-10CAkaram6, DF6-13BAKDyeing17, DF17-1AAksons Engg 2, SP2-7AAlbany International19,
DF19-1BAlea19, DF19-3AAleph8, S8-5DAletti7, DF7-6JAlkan16, DF16-10AAlliance8,
DF8-12BAlmond/Venor10, W10-6AAltea4, NW4-4HAlucolor5, K5-15EAmerichem 8, DC8-6FAmitech8,
DC8-1JAmmeraal Beltech2, SP2-13KandSP2-13LAmoto2, SP2-7GAMS Tekstil Makinalari20, DF20-6DAmsler
Tex1, SP1-15FAmtek5, K5-37EANDAR1, SP1-19AAnglada6, DF6-7EAngleitner4, NW4-10BAppalachian5,
K5-16EAquafil3A, SP3A-17CArahne8, S8-2MARC7, DF7-6DArel6, DF6-17CArgetek 5, T5-22BArgus Fire
Control2, SP2-12BArimo4, SP4-3GArioli20, DF20-14AArratex 2, SP2-13JArsham Koosha 8, S8-2LArte
Tessile12, W12-9FArtitex3, SP3-1FArtos19, DF19-9AAscotex 3A, SP3A-2CAshton4, SP4-7DAsia S. P.3,
SP3-18FAsieur9, W9-14BAsselin – NSC Nonwoven4, SP4-3BAsteknik3, SP3-12GAsteks3, SP3-1DAteliers de
Belmont9, W9-15EAtlas5, T5-34MAtlas Copco Compressors11, W11-4BATYC20, DF20-9BAutefa4,
NW4-13AAutomatex 4, NW4-13BAutomation Partners7, DF7-9FAutomazioniandSistemi19, DF19-6CAvantec
Construzioni Meccaniche19, DF19-7DAvebe8, DC8-3CAvocet8, DC8-1HAWA3, SP3-1GBBandB 19, DF19-4ABandW
3, SP3-3DBaelz 20, DF20-1DBAG 9, W9-12ABajaj Industries2, SP2-7FBalkan Makina2, SP2-9EBarco1,
SP1-13A;and9, S9-2BBarco Sedo8, DF8-12ABarr-Rosin2, SP2-11GBasant Wire Industries3, SP3-11EBASF8,
DC8-7ABastian4, SP4-11EBaumueller Nuernberg4, C4-7KBayalton Machinery16, DF16-4DBaysonic5,
U5-26FBeca6, DF6-13CBecatron19, DF19-1JBeck5, TH5-1ABefama 4, SP4-17BBeijing Zhongli3,
SP3-13CBekaert Advanced Coatings3, SP3-16DBellini17, DF17-3ABematic4, NW4-12ABeneteks17,
DF17-9BBenninger9, W9-7A;and20, DF20-15ABernasconi19, DF19-1HBespoke8, S8-4FBETEX5, K5-31EBettini3,
SP3-22ABeyaz Teks5, K5-29DBezema8, DC8-3BBiancalani7, DF7-7ABianco7, DF7-7BBibus4, SP4-16DBiella
Shrunk Process20, DF20-14BBilkon Paper Cones4, SP4-2EBinsfeld3A, SP3A-10DBiotti3A, SP3A-3ABisio20,
DF20-12ABizmak20, DF20-5ABlue Reed9, W9-6DBluemoon4, SP4-8EBobotex9, W9-12B;and19, DF19-14JBocca
Comorio5, OM5-27BBockemuehl1, SP1-12CBoehme8, DC8-7BBombi4, NW4-12CBonas9, W9-11ABonfiglioli4,
C4-17ABonino Carding Machines4, NW4-9BBono1, SP1-1EBooria CAD/CAM Systems9, S9-10CA.G. Borsa12,
W12-12BBozzetto8, DC8-8ABranca 5, T5-19BBrazzoli7, DF7-5BBridge Textile3, SP3-22DBroell3A,
SP3A-7ABrosioMeccanica5, MU5-27DBrother5, MU5-35BBrueckner20, DF20-12ABrugman6, DF6-12ABrustio
Tessile5, T5-9ABTSR1, SP1-10ABurckl, W9-14DBurocco Inoxvalvole7, DF7-6BBuser17, DF17-8ABusschaert
Engineering2, SP2-14ECCandK Maschinenbau10, W10-3FC + L Textilmaschinen 3, SP3-4AC.M.G.12,
W12-9EC.T.I.8, S8-2JC.T.M.19, DF19-2BCadcam Technology5, OM5-35ACAIPO Automazione Industriale2,
SP2-9ACalator System6, DF6-19CCalderara Bossi5, T5-21DCalemard5, OM5-27HCampaioli11, W11-6FCampen8,
DF8-10CCanlar 18, DF18-10BA.B. Carter 3, SP3-4ECartes9, W9-1BCar#44; DF18-5ECason2,
SP2-13DCastello11, W11-2ECavitec4, NW4-8ACCI Tech12, W12-12DCDS Italia18, DF18-5DCeccato
Spinnerets3, SP3-16FCEIA 19, DF19-5BCenter Circle5, K5-3BCentury Inks19, DF19-3CCER3A,
SP3A-1BCeramTec3, SP3-18CCeratrak5, OM5-34PCetex4, SP4-7CCetinkol Machinery6, DF6-13DCezoma3,
SP3-8CChangZhou JIETE Air Jet Loom Spare Parts11, W11-8DChelim2, SP2-7LChem-Verse4,
C4-22BChevalerin7, DF7-9CChien Lun7, DF7-2DChiorino2, SP2-2FCHT R. Beitlich8, DC8-3BCiba Specialty
Chemicals 8, DC8-3FCintex 20, DF20-1FCixi Sun 5, K5-3DClariant 8, DC8-7ECleantech 5,
MU5-24FClemipiega19, DF19-1DCoatema Coating Machinery8, DF8-3ACobble Blackburn12, W12-8FCognetex 1,
SP1-16ACognis8, DC8-3DColciago11, W11-2DColli5, OM5-34HColombo, G.6, DF6-20DColombo Mikron5,
OM5-34EColor Service18, DF18-7BColor Wings19, DF19-11AColorMatrix Europe3, SP3-9DComat 5,
K5-38BComeureg7, DF7-2EComez5, OM5-20AComoli4, SP4-18ACompucon9, S9-10DComsa11, W11-6AConitex
Sonoco3A, SP3A-16AConsultex6, DF6-7DContinental Systems9, S9-8DCorghi2, SP2-9DCorino Macchine6,
DF6-7BCortex10, W10-1DCosmatex4, SP4-3HCPM11, W11-2CCraft Engineering5, K5-3GCrespi2, SP2-1CCrosrol
UK2, SP2-9BCrosta7, DF7-5ACS Automazione6, DF6-20CCST9, S9-9ECTMTC3A, SP3A-12BCubotex18,
DF18-8BDDae Hung 10, W10-1ADAHU5, OM5-34KDamgaard3A, SP3A-5ADanis Makina6, DF6-16BDanley11,
W11-6JDante Bertoni3A, SP3A-10FDaroitex19, DF19-6AData Kimya8, DC8-2FDatacolor6, DF6-16ADatatex 9,
S9-9CDecoup+ 5, OM5-27HDell’OrcoandVillani4, NW4-12BDelux Bearings3, SP3-11ADemircan2,
SP2-13GDemos16, DF16-16ADemsan Makine19, DF19-12CDent 3A, SP3A-6EDerix 11, W11-2ADettin18,
DF18-8ADevrekha16, DF16-8DDewilde3A, SP3A-13JDGS – Dua Graphic Systems9, S9-9ADi Benedetto3A,
SP3A-5CDienes1, SP1-14BDietzeandSchell2, SP2-3DDigiFab Systems9, S9-10EDigital Weaving Norway9,
W9-4BDilmenler20, DF20-10BDilo4, NW4-14ADMT-Chognard6, DF6-9DDohmen8, DC8-6BDokaksam9,
W9-6FDollfusandMuller6, DF6-14DDong Won Roll2, SP2-4EDornier12, W12-4ADoublelin5, MU5-24HDP
Innovations9, S9-9EDrei-S-Werk4, SP4-1ADS Informatica8, S8-1FDunline20, DF20-11CDunlop Design5,
R5-4KDuPont lnk Jet17, DF17-2ADuPont Polyester Technologies3, SP3-5BDyStar8, DC8-6EEE + L17,
DF17-5BE.T.P.7, DF7-6EE-Hwa1, SP1-18D;and5, K5-16BEadie2, SP2-13CEAS 6, DF6-1PEAT 8, S8-1EEbelmann
12, W12-12AECC 2, SP2-11CECC Platt 2, SP2-11DEcoboards 4, NW4-2FEffedue19, DF19-7AEFtex 5,
K5-40EEgli 19, DF19-15CEkoteks 3, SP3-23B;and10, W10-9CElad Trading19, DF19-15DElcu 20,
DF20-17AElectro-Jet3, SP3-7AElectrotex2, SP2-15DElgi Electric2, SP2-3CEliar7, DF7-8DElitex
Machinery1, SP1-14FEltex12, W12-10DEmbee18, DF18-3EEmbroidery Connection9, S9-8EEn-Hwa2,
SP2-12DEnercon Industries4, SP4-7FEnhas Makina10, W10-9FEnka tecnica2, SP2-15AEntema18,
DF18-7CEpic1, SP1-14EErbatech20, DF20-12AErdmann3, SP3-9BErema Recycling System5, R5-4DErgotron12,
W12-8DErko Textilmaschinen4, NW4-9CESI – NSC System Solutions4, SP4-3BEskom16, DF16-13BETF19,
DF19-2AETH Zurich5, C5-5DETK-Lesmo5, OM5-27EETV Elettronica Tessile Varese20, DF20-17EEton 19,
DF19-10BEuroplasma 6, DF6-1EEvilo9, W9-12DEVS 5, T5-26BExeltor 5, K5-40GExpert 6,
DF6-1LFF.I.R.S.T.12, W12-3DFab-Con16, DF16-4CFachhochschule Reutlingen5, C5-5BFadis3,
SP3-8BFalsetti Meccanica3A, SP3A-3BFANI3A, SP3A-18CFAR2, SP2-18BFareast7, DF7-8BFarmer Norton17,
DF17-3CFaro Disegni4, C4-7LFavretto3A, SP3A-17AFC Fratelli Carlessi18, DF18-10CFehrer4,
SP4-3CFeiya5, MU5-35GFerber9, W9-6BFercomm9, W9-14DFerraro6, DF6-7AFerrostaal4, C4-21CFET3,
SP3-9DFibercompositi11, W11-1AFiberflon20, DF20-17GFibertech5, T5-4BFibreguide1,
SP1-9CFibrevision1, SP1-9DFIL Control 3A, SP3A-19AFILTECO3A, SP3A-16BFilton18, DF18-1AFimat 6,
DF6-20EFIMTEXTILE12, W12-3EFirsan 19, DF19-14KFischer-Poege9, W9-6CFlainox19, DF19-14AFleissner4,
NW4-3AFlock-ESCH16, DF16-1BFMS Force Measuring Systems5, T5-8DFocus Label Machinery8,
DF8-5EFong’s17, DF17-7AFontanet 20, DF20-5BFormia Nuova 12, W12-2EFortex8, DF8-5GForthmann 5,
MU5-28DFoster Needle4, NW4-20BFourn, SP3-6GFractal Graphics9, S9-4CFrederick Enterprises1,
SP1-10DFreespring1, SP1-1AFukahama5, K5-40JFunke18, DF18-3BGGalan3, SP3-15BGali17,
DF17-5CGalvanin20, DF20-7AGaohong12, W12-5BGarioni20, DF20-17CGarnett Controls5, T5-10DGarnett
Wire2, SP2-7EGasatex16, DF16-1FGaston Systems7, DF7-6HGaudino3, SP3-10BGavazzi3A, SP3A-15CGBS2,
SP2-13EGeidner20, DF20-1BGe.Ma.Ta18, DF18-2DGenkinger9, W9-6AGerlach6, DF6-5BGFK16,
DF16-13FGherzi3A, SP3A-6CGiamminola9, W9-7BGieseken2, SP2-13AGiesse3A,
SP3A-18BGigliottiandGualchieri3, SP3-17DGilbos1, SP1-18BGin Hong Yu5, K5-16JGiovanelli12, W12-9CGIP
Exports4, SP4-8HGiropan10, W10-8BGiS8, S8-2BGlobus3, SP3-20AGloria9, S9-8CGME16, DF16-13AGneuss3A,
SP3A-4BGoang Lih5, K5-16KGodrich5, T5-23CGofront17, DF17-1CGold Fai Machinery16, DF16-9AGold Hsing
Industrial 5, OM5-12CGoldtex 3, SP3-11BGoller18, DF18-4AGomplast 6, DF6-19AGoulston Technologies 3,
SP3-23AGraf 8, DC8-3EGraf + Cie 2, SP2-6CGrandis19, DF19-8AGreen Machinery 5, K5-40FGriffin 11,
W11-5DGriffith Textile Machines12, W12-10AGROB HORGEN11, W11-5CWilly Grob11, W11-8BGROSS-HOF4,
SP4-8GGrosse10, W10-5DGroz-Beckert 4, NW4-4F;and5, K5-12AGSL 1, SP1-19CGS Technologies 4, NW4-4JGTI
5, T5-4EGTP 9, W9-14DGualchierani 2, SP2-8BGunold 5, OM5-35CGurjar 19, DF19-15HGuven Celik Makina
8, DF8-10BHH.T.P. Unitex6, DF6-18AHaas-Mondomix 18, DF18-3GHaaseandKuehn 5, K5-40CHacoba3A,
SP3A-11BHandsaeme10, W10-2CHangzhou Kaiyuan6, DF6-3BHansa Industrie-Mixer 19, DF19-1AHarish
Enterprise19, DF19-14CHarish-HTM7, DF7-1CHastem4, NW4-4GHaug5, OM5-1BHauser19, DF19-10AHeals5,
T5-10AHealthguard 8, DC8-8BHeberlein2, SP2-15BHeinzle Austria8, S8-2GHeliot International7,
DF7-4CHeller11, W11-2JHeraeus20, DF20-5EHerbster Huelsen3A, SP3A-19DHergeth1, SP1-12BHerzog5,
OM5-13AHeusch6, DF6-17AHilge19, DF19-8DHills1, SP1-10GHimetex12, W12-15CHimson Ceramics1,
SP1-1DHisaka17, DF17-5DHitex10, W10-5BandW10-9DHocks19, DF19-14HHofmann Handtuft-Technik10,
W10-4FHoldsworth3, SP3-10CHollingsworth 2, SP2-5BHolthausen19, DF19-4AHolthausen Winding3A,
SP3A-6AHolz1, SP1-8BHonegger3, SP3-13DHong Shouh5, K5-14BHounsfield5, TK5-21GHS Computer5,
OM5-35FHsiang Chuan5, OM5-13CHsien Fang Enterprise1, SP1-15AHsing Cheng Machinery7, DF7-4BHubtex9,
W9-15AHuitong Polyester2, SP2-4CHumantex5, MU5-36GHunterLab5, T5-26DHunziker11, W11-8AHuys9,
W9-15CII MA.TEX.1, SP1-13DI.M.A.1, SP1-3CI.S.G.E.V.4, SP4-14AIchinose17, DF17-2AIcomatex6,
DF6-8AIcotec20, DF20-1CIdrosistem Energy20, DF20-3BIgus4, C4-22DIk San3A, SP3A-9DIl Sung
Machinery16, DF16-4AIllies4, C4-21DINA1, SP1-16DIncas12, W12-3BIndian Card Clothing2,
SP2-7DIndtex5, K5-17AIndustrial Technologies8, S8-1DInedit8, S8-4GInformatica Textil8,
S8-2EInnovation Relay Centre Network3, P3-13GInstrumar5, T5-21LInterspare18, DF18-1DIntertek
Labtest5, T5-19GIntertex1, SP1-20EIntex1, SP1-10EIntex Consulting8, S8-4DINtrO5,
T5-21AInventa-Fischer2, SP2-16CInvesta International11, W11-6CINZ8, S8-3HIpekcioglu5, K5-29EIride
Centre5, T5-21EIro AB9, W9-11AIS Printing Systems9, S9-9EIsotex20, DF20-5CISRA Vision Systems4,
NW4-11FItaliana Rigenerazione2, SP2-8AITB19, DF19-15GItd5, MU5-27JIteco Textile Electronics3,
SP3-16BITW Dymon7, DF7-9EIVP5, OM5-27KIzumi10, W10-3DJJac-Mont12, W12-9DJacobi3, SP3-20BJaeger12,
W12-2CJaeggli/MT2, SP2-6BJametti12, W12-8AJaydeep10, W10-9BJBF Maschinen3, SP3-4AJDandN9, S9-8BJen
Haur5, K5-38CJensen Burgdorf19, DF19-10DJiunn Long5, K5-16LJMB20, DF20-16KJomar9, S9-4DJossi1,
SP1-15CJS3A, SP3A-10AJS Metal Traversel3, SP3-12FJuergens9, W9-3BJumberca5, K5-2BJust5,
T5-12BKKabelschlepp4, C4-21AKaeser Kompressoren9, W9-14EKalibre Boru3, SP3-13BKanai2,
SP2-13BKapurthala Hi Tech3A, SP3A-9EKarme Metal8, DF8-9BKastilo7, DF7-1BKauo Heng5, K5-25AKEB6,
DF6-14CKeda Looms Parts12, W12-14DKeisokki5, T5-19FKepraind8, DC8-1GKern-Liebers5, K5-15BKeum
Yong5, K5-18AKidd + Zigrino17, DF17-10AKind9, W9-5BKinder16, DF16-8BKingknit 5, K5-16GKlieverik
Heli7, DF7-2AKluber Lubrication5, K5-3A;and20, DF20-11AKMS7, DF7-3CKMT18, DF18-5AKnotex9,
W9-5AKoenig18, DF18-6AKoerting20, DF20-17FKoinzer3A, SP3A-1DKrantz19, DF19-9AKroegel12,
W12-3CKRSNA7, DF7-6FKSM5, MU5-36AKucuker Machinery10, W10-8AKuesters20, DF20-13AKunj Needles
Industries6, DF6-1HKyang Yhe12, W12-13BLL.G.L.5, K5-17E;and9, W9-14CLa Meccanica 6,
DF6-18BLabortex19, DF19-8ELacom20, DF20-10ALafer17, DF17-4ALafer Turk/Has17, DF17-4BLaip19,
DF19-7CLakshmi Card Clothing3, SP3-5ALamiflex9, W9-12FLamperti Textile19, DF19-5DLapauw20,
DF20-2CLapere Design9, S9-9DLaroche4, NW4-8BLer5, OM5-23ALawer6, DF6-8BLawson-Hemphill5,
T5-26HLectra8, S8-11BLEDL4, C4-22CLeesona3, SP3-12ELeewha Industrial1, SP1-20BLenzing Instruments5,
T5-8CLezzeni2, SP2-17BLiba5, K5-25CLidem3, SP3-4BChristoph Liebers5, K5-37DLietti12, W12-13ALim
Ying5, K5-3CLineTech Industries5, T5-1FLinker5, K5-38ELintronics5, T5-26ELisky5, K5-33BLK16,
DF16-4BLlesor6, DF6-17ELMW 3A, SP3A-12ALocati 10, W10-3ALoepfe 1, SP1-13ELogic Art16,
DF16-13HLohia2, SP2-3BLoomdata8, S8-5ALoptex3, SP3-10ALossatex1, SP1-16CLTG Air Engineering2,
SP2-3ELucas5, K5-37FLuscher6, DF6-20ALutz5, OM5-22ELuwa3A, SP3A-8ALyson16, DF16-16CMM&R Sales
and Service16, DF16-6Am-tec20, DF20-7DM.B.C. Guttin12, W12-9EM.C.M.5, K5-31CM.T.I.2,
SP2-18CM.V.V.3A, SP3A-15BMaag Brothers 8, DF8-4EMacart Spinning Systems2, SP2-9BMackie3,
SP3-22BMadeira9, S9-10BMadura Coats 16, DF16-8FMageba10, W10-5CMagetron5, MU5-27CMagitex2,
SP2-16AMagnabosco18, DF18-8DMahalaxmi Rubtech 7, DF7-1DMahlo7, DF7-3BMahr Metering Systems3,
SP3-18BMaibo20, DF20-8BMaier, Heidenheim7, DF7-6AMaino International20, DF20-11EMaksteel10,
W10-4BMallein12, W12-10BMammut5, MU5-28EMan. Scardassi6, DF6-1DManea9, W9-4AMargasa 4,
SP4-3DMariplast2, SP2-8CMartex5, K5-31DMarzoli1, SP1-16BMas Lluch 4, C4-7HMasias4, NW4-8DMatex19,
DF19-5AMathis6, DF6-9AMatrix12, W12-9AKarl Mayer5, K5-15A;and11, W11-5BMayerandCie. 5, K5-30DMayer
Ind.5, K5-30BKarl Mayer Rotal11, W11-5AMayur ReedsandHealds12, W12-14BMazziniici1, SP1-15DMcCoy11,
W11-5DMCH.S.A 20, DF20-4AMCS18, DF18-10AMeca5, MU5-23BMecagric7, DF7-6GMeccaniche Moderne2,
SP2-11EMechano12, W12-1EMecmesin 5, T5-9EMeera2, SP2-2EMegadyne3, SP3-17BMehlhorn2, SP2-14CMEI
International12, W12-7AMelior8, DC8-6AMemminger-IRO5, K5-29BMemnun18, DF18-6BMendizza 2,
SP2-2AMentasti5, MU5-28CMenzel20, DF20-7EMercier Freres4, SP4-19BMerrow Sales5, MU5-22CMerz5,
K5-30AMesdan3A, SP3A-2AMessersi Packaging5, TH5-6CMesutronic5, T5-26JMetag 12, W12-2DMetallurgica
Calvi9, W9-12EMetalnox5, MU5-6AMetalplast 18, DF18-9CMetalreeds12, W12-14CMeyer Herbert6,
DF6-14BMHM Screenprinting Machines16, DF16-11AMimaki16, DF16-5AMinerva8, DC8-1KMiniroller TM5,
MU5-35EMinnetti Italia18, DF18-7AMino2, SP2-18AMinox20, DF20-11DMiroglio19, DF19-4DMitchell. G.5,
K5-33EModra Technology9, W9-15FMonarch5, K5-32BMonforts18, DF18-6AMonomatic – NSC Nonwoven4,
SP4-3BMontenero4, NW4-9DMonti Antonio20, DF20-4BMonti Cucitrici6, DF6-19DMoroder1, SP1-9BMorrison6,
DF6-7DMotocono1, SP1-17AMOVengineering1, SP1-17DMozart 5, OM5-34DMP 6, DF6-18CMPE 20, DF20-11BMRS
3A, SP3A-10EMS17, DF17-1FMSD/M16, DF16-13CMTG7, DF7-9DMTS 2, SP2-6Amts maschinenbau11,
W11-2GMuhlmann20, DF20-16FArtur Muller5, MU5-24GJakob Muller10, W10-7AMuller Textil1,
SP1-12DMultiplot Europe16, DF16-14BMuratec3A, SP3A-11AMutoh6, DF6-8CMuzzi18,
DF18-5CNNagelandHermann5, MU5-36HNaplafa5, K5-40DNational Textile Center5, C5-5ANational Wire
Heald11, W11-6HNaval4, SP4-8JNaveta10, W10-1BNC Line20, DF20-17BNedGraphics8, S8-4ANesiandPugi6,
DF6-3ANeuenhauser2, SP2-2D;and12, W12-1ANew House12, W12-1DNew Mec5, MU5-28BNickelmesh19,
DF19-8BNippon Nozzle4, SP4-2DNippon Selen3, SP3-16CNitta 3, SP3-12DNordson6, DF6-17DNorsel5,
MU5-24DNorth River4, NW4-11DNoseda17, DF17-5ANovopac5, TH5-1HNovozymes8, DC8-5BNowo4, NW4-9ENSC
Services4, SP4-3BNuova Protex3A, SP3A-13GNuova Saccardo3, SP3-19BNybelt3, SP3-21AOO.M.A.5,
OM5-27AO.M.C.8, DF8-11CO.M.M.3, SP3-19AObem20, DF20-8AObermaier6, DF6-15COguz Makina18,
DF18-9DOmatex4, SP4-16COmega Center9, S9-10AOMM Meccanotessile2, SP2-10AOMMI2, SP2-8DOMR5,
OM5-11BOntec5, K5-25COptitexma6, DF6-4AOptotexform5, MU5-34JOrient Screen6, DF6-1KOrintex20,
DF20-8DOrizio5, K5-32AOsthoff18, DF18-3AOtalo2, SP2-1DOteman5, MU5-36EOvis8, S8-1BOz Anadolu
Group16, DF16-8AOzver Makine17, DF17-10DPP.M.M.17, DF17-9APacsys6, DF6-3DPafasystem3, SP3-12BPai
Lung5, K5-18B;and12, W12-7BPanoptes5, T5-22DPanter10, W10-2AParamount5, T5-10GParex-Mather17,
DF17-3CParksandWoolson5, T5-21CPeass3, SP3-4CPenguin5, TH5-6DPentek6, DF6-5DPentes Americana12,
W12-1CPerfect2, SP2-1FPerfecta Schmid5, OM5-11APermalon Transmissions3, SP3-6BPetit3A,
SP3A-19BPetronaphte8, DC8-1MPicanol9, W9-13APierret3, SP3-6EPilotelli5, K5-38DPinco2,
SP2-14DPinter3A, SP3A-15APiovan3, SP3-14BPirovano6, DF6-9BPixberg10, W10-4APixelart8,
S8-2CPlastex3, SP3-8APlastimec1, SP1-19BPlatt4, SP4-1BPleva20, DF20-1EPneumatic Conveyors2,
SP2-9CPointcarr, S8-2APolytex20, DF20-9APoong Kwang Machine6, DF6-19BPorini8, S8-4CPower-Heat-Set1,
SP1-10CPozzi Elettronica19, DF19-13APozzi Leopoldo19, DF19-13BPradeep10, W10-6BPrashant Gamatex12,
W12-14EPrat1, SP1-1BPrecitex3, SP3-3APremier2, SP2-12EPremier Colorscan5, T5-4FPrerna2, SP2-16Bpro
C tec4, NW4-5BPro.Com20, DF20-1APro Text2, SP2-11AProditec16, DF16-1CProjectina5, T5-9DPromatech12,
W12-6AProsino3, SP3-21CProtechna5, K5-16APSI Control9, W9-15BQQ-Panel Lab Products5, T5-21BRRadiant
Processes16, DF16-13BRAHM1, SP1-3ARamallumin12, W12-2BRamisch Guarneri20, DF20-9CRan Chemicals/RSA
Industries8, DC8-8DRatera5, OM5-35DRatti2, SP2-10ARauschert3A, SP3A-14CRBE16, DF16-1DReal
Software8, S8-2DReCoMo20, DF20-16GRedman19, DF19-15EReel4, SP4-1CReggiani6, DF6-6ARegis Guido6,
DF6-4BReiners + Furst 1, SP1-15EReliant19, DF19-1FResch1, SP1-10CRescom Engineering8,
DF8-7DReseda-Binder1, SP1-17BReshmi Industries3, SP3-9CRetech2, SP2-15CRF Systems6,
DF6-13ERI.MA.C.5, MU5-24BRigamontiandPerego10, W10-3ERimslow16, DF16-14BRimtex2, SP2-4ARing
Maschinenbau5, MU5-37ARingmann3, SP3-18ARITE3, SP3-15CRius5, OM5-13DRoaches7, DF7-3ARobatech4,
NW4-8FRoblon Engineering3A, SP3A-14ARobustelli8, DF8-5FRockwell Automation4, C4-7JRoj9, W9-11ARoll
Concept5, OM5-27HRollmac18, DF18-2DRosink3, SP3-12ARossari5, T5-4MRostoni12, W12-12CRothschild
Instruments5, T5-9BRotolo IT12, W12-5ARousselet Robatel19, DF19-5CRovetex9, S9-9BRubberflex5,
OM5-6BRuester5, K5-30CSS+S Metallsuchgeraete und Recyclingtechnik 4, NW4-6AS.M.T. 2, SP2-7CSAB 4,
NW4-4ASahm 1, SP1-11ASaint Gobain Desmarquest 3A, SP3A-19CSala5, MU5-27DSalce20, DF20-16ESalvade17,
DF17-1GSamatex1, SP1-7DSAME – NSC System Solutions4, SP4-3BSamill Industrial17, DF17-8BSampre3,
SP3-3CSamruddhi Engineering3, SP3-2BSan Da Machinery5, K5-29CSan Grato3, SP3-4FSanal Plastik3,
SP3-3BSanitized8, DC8-7CSant’Andrea Novara1, SP1-16ASantex6, DF6-10BSantex Nonwoven4,
NW4-8ASantoni5, K5-31ASAP9, S9-8ASapa Textil9, W9-12CSapru3, SP3-21BSarex 8, DC8-6DSaspe19,
DF19-15FSate6, DF6-15DSator5, K5-25BSavio2, SP2-1ASavio Texcone 2, SP2-7MSaxonia International5,
K5-37CSayteks Tarak12, W12-15AScaglia4, SP4-8CSchaeffer Productique8, S8-1CSchaetti4,
NW4-5CSchelling3A, SP3A-17BSchlenter19, DF19-1CSchlumberger – NSC Fibre to Yarn4,
SP4-3BSchmaledurate5, MU5-28ASchmeing9, W9-2ASchmidt5, T5-10ESchmitt4, NW4-2GSchoch12,
W12-8BSchoenherr12, W12-11AScholl – Then18, DF18-4CSchottandMeissner4, NW4-10ASchwing3A,
SP3A-4CSclavos19, DF19-13CScotWeave9, S9-9ESDC Enterprises5, T5-23DSDL Atlas5, T5-26GSeco 12,
W12-8CSefar18, DF18-2ASEI5, MU5-27GSellers7, DF7-2CSemitronik18, DF18-1BSener Tekstil Makina17,
DF17-9DSeramik Teks3, SP3-19CSetas8, DC8-2HSetex8, DF8-11ASeydel1, SP1-16AShanghai Nanshi10,
W10-6DShanghai Pacific Mechatronic1, SP1-12AShelton Machines20, DF20-17DSheng Meei Flying Tiger
Flat Knitting Machine Mfg.5, K5-14DShimadzu1, SP1-1FShony Technology6, DF6-15DShoou Shyng4,
NW4-3EShree Gayatri Reed Mfg.12, W12-15BShreejikrupa Exports3A, SP3A-10CSiatex International10,
W10-3CSicam4, NW4-9ASick18, F18-2CSieger, India4, SP4-20ASiemens5, K5-39ASima3, SP3-8ASimem17,
DF17-3BSimet3, SP3-6FSimta Mfg. 1, SP1-15BSinotex11, W11-3ASirtres20, DF20-16JSKF5,
C5-1DSlackandParr2, SP2-14ASMC5, K5-29FSMIT Textile (Sulzer Tessile)10, W10-2DSML
Maschinengesellschaft 1, SP1-11ASmotex 1, SP1-1GSnaico Engineering 1, SP1-10BSNF Spezialnadelfabrik
4, NW4-11CSoabar5, TH5-4CSodemat5, T5-21FSohler-Neuenhauser 2, SP2-2CSolfra 6, DF6-1ASonic Italia
5, MU5-24ASonne7, DF7-9BSonoco 3, SP3-13ASophis Systems (NedGraphics)8, S8-4ASossna3A,
SP3A-4ASOT16, DF16-1ASOTEMAPACK5, TH5-8BSotexi5, MU5-24ESouthwest ScreensandFilters3,
SP3-22CSpaleck12, W12-3CSpazzolificio Bustese3A, SP3A-13EM H Spencer12, W12-12FSperotto Rimar6,
DF6-10CSpindelfabrik Neudorf2, SP2-4BSpinnbau4, NW4-14ASPT4, SP4-11ASpuhl AG St. Gallen20,
DF20-7BSsangyong Machine5, K5-16FSSM3A, SP3A-11BStabel10, W10-1CStli12, W12-11AStaedtleruhl3A,
SP3A-16CStalam18, DF18-9AStarlinger1, SP1-11AStartes9, W9-6EStead7, DF7-1ESteeger5, OM5-34CSteel
Heddle9, W9-14DSteinemann3A, SP3A-3CSteintex10, W10-4EStentex19, DF19-9AStephenson Thompson 8,
DC8-8CStewarts of America2, SP2-12GStewarts Pinned Products1, SP1-18ASTEX 3, SP3-14DStimin 11,
W11-1CStockrail 5, TH5-4AStork 17, DF17-6AStrahm 4, NW4-4AStrayfield Fastran20, DF20-3CStreat5,
T5-10CStruto4, NW4-3FStueber3, SP3-14CSucker19, DF19-9ASugiura Needles5, K5-31FSuhr Cutters5,
MU5-27FSuk Jun Industrial16, DF16-16DSultex 12, W12-6BSunstar (SWF)5, MU5-20BSunwoo Textile Auto5,
K5-14ESuper Tex4, SP4-2ASuperba2, SP2-3ASuperteks Tekstil20, DF20-6ESuroy2, SP2-2BSuzuki Warper11,
W11-6BSvegea of Sweden 5, MU5-40ASWA Italia6, DF6-14ASwastik Group 20, DF20-10CSwiftex5,
MU5-22FSwitchtrack 5, MU5-24CSystem Breitenbach10, W10-7BTT.D.F. Textape19, DF19-14LT.M.T.
Manenti20, DF20-6CTacome19, DF19-12ATaconic17, DF17-1DTaeil16, DF16-8ETaitexma5, K5-3FTaiwan Giu
Chun5, OM5-22GTandematic6, DF6-2ATank Pu1, SP1-18CTatham2, SP2-9BtdV19, DF19-3BTe Strake Textile10,
W10-3BTechaids16, DF16-8GTechmashexport3, SP3-4GTechnijet16, DF16-15BTechniservice4,
SP4-16ETechnology Services16, DF16-13BTechnoplants4, NW4-4DTecno Bio19, DF19-4BTecno-Tex5,
K5-13BTecnomeccanica Biellese4, SP4-18BTecnorama6, DF6-15BTecnoteam20, DF20-6ATecoya4, P4-7ETecsi6,
DF6-1BTectex4, NW4-4DTekso12, W12-1BTekst 17, DF17-8DTema5, OM5-19ETemafa4, NW4-5ATemak2,
SP2-12CTemat2, SP2-17ATemco1, SP1-14BTemporiti12, W12-9BTensometric5, T5-26CTepa20,
DF20-4CTermoelettronica18, DF18-10DTerrot5, K5-33ATesta20, DF20-8CTesting Machines5,
T5-4JTestrite5, T5-21HTex Tech3A, SP3A-9BTEX.BI.MA19, P19-6DTexilmesa3, SP3-13FTexima7,
DF7-1ATexInter5, OM5-34NTexkimp12, W12-7CTexma5, K5-14ATexmatic19, DF19-7BTexmer9, W9-14ATEXO12,
W12-10CTexpa5, MU5-29ATextechno5, T5-26ATextest5, T5-9CTextile Enterprise5, MU5-36DTextile
Institute5, C5-5CTextiles Panamericanos19, P19-15B
Textile World19, P19-15B Textile World Asia19, P19-15BTextiles Human Resources Council5,
C5-5ETextilmach12, W12-12GTextronics International8, S8-3GTFA alfa11, W11-6DThaker Engineering8,
DF8-9AThema System3, SP3-6AThermax16, DF16-13DThermotron5, MU5-36CThibeau – NSC Fibre to Yarn4,
SP4-3BThibeau – NSC Nonwoven4, SP4-3BThies8, DF8-10ATigges-Edelstahltechnik20, DF20-16BTimtas5,
MU5-28FTitan12, W12-8ETitan-Baratto-Cornely9, W9-11ATKAM18, P18-1ETML19, DF19-4ATolkar16,
DF16-12ATomsic Electronic Systems5, T5-21KTonello6, DF6-11ATong Geng18, DF18-2BTontun11,
W11-6GTorres20, DF20-16AToscana Spazzole6, DF6-1CTosin Card3, SP3-16ETPM20, DF20-2ATreepoint8,
DF8-12ATrenz-Export5, OM5-34ATrident19, DF19-8CTrinca10, W10-4DTriplassa4, SP4-19CTriveneta G.I.6,
DF6-11BTruetzschler2, SP2-5ATschudi Technology6, DF6-8DTTP3A, SP3A-6BTTW10, W10-9ETube-Tex Global
Group17, DF17-9CTum Kalip9, W9-3ATunaoglu Tekstil Makina3, SP3-6HTung Shing Dyeing16, DF16-9CTung
Yang16, DF16-13GTupesa7, DF7-8ATVE-Escale19, DF19-12BTwistechnology 3, SP3-2GTYDT16,
DF16-9BUU.T.I.T.2, SP2-10BU. Engineering19, DF19-11BUgolini20, DF20-2BUnirols3, SP3-18EUnitech6,
DF6-5AUnitex5, K5-15CUniversity of Leeds5, C5-1GUpkeeper3A, SP3A-9CUsha3, SP3-2DUster3A,
SP3A-8BVVahdet Tekstil Makina5, K5-38AVald. Henriksen6, DF6-12BValvan3, P3-6DValvole Hofmann by
Bonino Engineering19, DF19-6BVan de Sandt11, W11-2BVan de Wiele9, W9-11AVan Dommele3, SP3-6CVanwyk
Systems6, DF6-12AVaupel9, W9-5CVe-Ga Machine20, DF20-6BVeit5, MU5-36FVeriVide5, T5-34GVetri4,
SP4-2BViable Systems10, W10-6CViba Siat1, SP1-3BVickers5, C5-1CVicoda3A, SP3A-13HVignoni5,
K5-31BVTA11, W11-4AVUTS Liberec11, W11-6EWW.T.T.18, DF18-5BWac Data Service5, K5-33CWardany6,
DF6-1FWeavaclean11, W11-1BWeavetex6, DF6-1GWeb Processing18, DF18-3FWebtex9, W9-14FWees19,
DF19-1GWeiss7, DF7-7BWeko7, DF7-2BWelker2, SP2-14BWellknit5, K5-17DWenk6, DF6-1NWest Point10,
W10-8CWetzel AG Sisseln1, SP1-9AWetzel Processing Group1, SP1-9AWieland Lufttechnik4,
SP4-2CWiessner1, SP1-20AWilco8, S8-4BWilcom-Tecos Belgium 8, S8-4BWilly10, W10-2BWilson
KnowlesandSons4, NW4-4EWIRA Instrumentation5, T5-10BWirth9, S9-9EWise Industries4, NW4-3FWon Chang
3A, SP3A-16DWoolmark1, SP1-19AWumag Texroll20, DF20-7CX-YX-Rite 5, T5-1EXetma Gematex19,
DF19-14FXetma Vollenweider19, DF19-14GXin Guang2, SP2-11BXorella1, SP1-17CYamada11,
W11-6BYamauchi3A, SP3A-13CYash Machines5, T5-4HYeang Shih3, SP3-11CYilmak Makina16,
DF16-15AYogeshwar8, DC8-8EYung Chang5, K5-14CYur-san3, SP3-23CYxendis8, S8-1AZZancaner3,
SP3-15AZanfrini9, W9-3CZenith Pumps2, SP2-1BZentes Unitex5, T5-19CZentex3, SP3-16AZeta-FPA3A,
SP3A-2BZimmer AG3, SP3-9AZimmer Maschinenbau17, DF17-10CZimmermann3A, SP3A-14DZIVY5,
T5-19AZollern6, DF6-1MZonco6, DF6-17BZschimmerandSchwarz3, SP3-12CZweigle5, T5-8AZydex Industries8,
DC8-6C
October 2003
Asheboro Elastics Receives Export Achievement Award
Asheboro Elastics ReceivesExport Achievement AwardAsheboro, N.C.-based Asheboro Elastics Corp.
(AEC) recently received an Export Achievement Award from the US Department of Commerce (DOC). The
award, which recognizes successful export initiatives of small to medium-sized companies, was
presented to AEC employees by James C. Leonard III, deputy assistant secretary for textiles,
apparel and consumer goods, DOC, during a special awards luncheon.AEC manufactures narrow elastic
fabrics at its three plants in Asheboro and exports more than 30 percent of its product to about 20
countries. Most of its exports go to Mexico, Central America and the Caribbean Basin, where it
maintains nine distribution centers and supplies factories run by US companies, said Keith Crisco,
president, AEC.Our strategy has been to capitalize on our domestic strengths, and also to be ready
for possible expansion and to understand the apparel industry in each of those countries, said
Crisco.On behalf of the US Department of Commerce, we appreciate the constant efforts of Asheboro
Elastics to be a global player for the textile industry, said John Schmonsees, international trade
representative with the DOC. Asheboro Elastics sets a forward example to all domestic companies of
how to market your product overseas.
October 2003
Kennetex Cedar Jet Yarns Collaborate On Fancy Yarns
Kennetex,Cedar Jet YarnsCollaborate On Fancy YarnsKennett Square, Pa.-based Kennetex Inc. and Cedar Jet
Yarns Inc., Scranton, Pa., are working together to develop and manufacture acrylic, cotton, wool,
rayon, polypropylene and polyester fancy yarns. The products will be offered in both space-dyed and
solid colors, and sold under the Kennetex name. Cedar Jet Yarns Chuck Morgan will continue his work
creating new novelty products and also will develop, market and sell existing products.Kennetex
feels the market will benefit from the new yarn possibilities resulting from the collaboration.
October 2003
Jones Apparel Approved To Purchase Kasper
Bristol, Pa.-based Jones Apparel Group Inc. has gained US Bankruptcy Court approval of its
agreement to purchase Kasper A.S.L. Ltd., New York City.Jones Apparel Group made the highest offer,
beating out St. Louis-based Kellwood Co., which had entered into an agreement to purchase Kasper
for a total of $163.6 million
(See Knitting/Apparel News, TW, August 2003).Jones Apparel Group will pay a total of
$216.6 million for Kasper, including $204 million in cash and the assumption of $12.6 million in
prepaid royalties. The purchase, expected to close at the end of this year, is subject to a
reorganization plan by Kasper, as well as other customary conditions.This acquisition is a perfect
strategic fit for us and is consistent with our branded, multi-product, multi-channel
diversification strategy, said Peter Boneparth, CEO, Jones Apparel Group. Kaspers well-known brands
including Kasper, Anne Klein, Albert Nipon and Le Suit are wonderful additions to our existing
brand portfolio.
October 2003
Congress Takes On China Currency Manipulation Issue
Congress Takes OnChina Currency Manipulation IssueLegislation has been introduced in both houses of
Congress to address the effects of Chinas currency manipulation on the health of the US
manufacturing sector.In the Senate, a bipartisan bill introduced by Sens. Elizabeth Dole (R-N.C.),
Lindsey Graham (R-S.C.) and Charles Schumer (D-N.Y.) directs additional tariffs of 27.5 percent to
be imposed on US imports of Chinese goods if China fails to float its currency within 180 days. The
tariff rate is equal to the estimated average undervaluation of the Chinese yuan vis-is the US
dollar.In the House of Representatives, Reps. Cass Ballenger (R-N.C.), Phil English (R-Pa.) and
Mark Green (R-Wis.) also introduced legislation to nullify the effects of Chinas currency
manipulation. The Currency Harmonization Initiative through Neutralizing Action (CHINA) Act of 2003
would require the Secretary of the Treasury to determine whether China is manipulating its currency
to gain a trade advantage and, if such a finding is made, to levy tariffs equal to the percentage
of manipulation in addition to tariffs currently in place. The bill also calls on the Bush
administration to pursue remedies through the World Trade Organization, the International Monetary
Fund and other means.
October 2003
