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26 maio 2009

 

US companies hit by repercussions of Buy American

By Sarah O'Connor

Published: May 26 2009 03:00 | Last updated: May 26 2009 03:00

At JCM Industries, a collection of low-slung buildings and factories in a Texan field, president Ron Collins is worried he might have to lay off people. The reason is not the recession, but the government stimulus package aimed at ending it.

The family company manufactures pipe-fittings and struggled when America's housing bubble burst and construction work tailed off. But it managed to hang on to its 140-strong workforce by expanding its exports to Canada and Mexico instead.

Copyright The Financial Times Limited 2009


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