Two More Saipan Garment Factories Closing

Two More Saipan Garment Factories Closing
pacific, HI
(Saipan Tribune)

Two more Saipan garment factories are closing, the Saipan Tribune reports.

L&S Apparel Inc. and Jin Apparel Inc. will close by December 31. Jim Apparel, however, said it will make a final decision on its factory by March 2014.

The closure of the firms will be the sixteenth and seventeenth Saipan garment factories to close since 2005, when international trading rules changed and removed most of the duty-free benefits of garment manufacturing in the Northern Marianas.

The newspaper says once L&S and Jin Apparel close, there will be 19 garment factories left on Saipan.

http://www.saipantribune.com/newsstory.aspx?newsID=74204&cat=1

Post Author: Indonesia Grament