Saipan: 2 garment factories to close
BusinessWeek
SAIPAN, Northern Mariana Islands
Two more major garment factories say they will close within the next two weeks as manufacturers here continue to struggle against competition from factories in countries where labor is cheaper.
Michigan Inc. has filed a notice with the U.S. Department of Labor announcing it will shut down its operations by March 30. The decision would leave 150 migrant workers, mostly from China, without a job. But the department said it will allow the workers to transfer to other employers. Read more about Saipan: 2 garment factories to close …