Baltimore-based Under Armour (NYSE: UA) has a new deal with the shipper Evergreen that will have it move products loaded in Shanghai, China from the Port of Long Beach in California to Baltimore. The first ship carrying Under Armour products from China to Baltimore should arrive by the end of June, said Chris Sichette, Under Armour's director of global trade compliance.
More Under Armour shipping could be bound for the Baltimore port in the future. The athletic gear company is reviewing six other shipping lanes.
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5 comments:
As much as they charge for their product they could at least make sure it is made in the USA and not somewhere else.
Agreed
This will end once the thieves and rioters steal a pile of it.
Under Armour, Apple, HP, Panasonic, so many - manufacturers have now moved their operations to China. Can't say I blame them though, because with the US's regulatory environment it is no wonder everything is made in China. Maybe our Country should consider outsourcing our political House, Senate, and President to China. It certainly couldn't be any worse than we have now.
OSHA, child labor laws, minimum wage, bans on slavery and forced prison labor, environmental protections, quality and purity regulations, certainly increase the cost of production.
But when they shifted manufacturing to China, to use slave labor in political prisons, without worrying about where waste and byproducts were dumped, or that workers weren't exposed to hazardous chemicals, or forced to work long hours in horrendous, exploitive conditions, using cheaply sourced, often adulterated materials from dubious suppliers at the lowest cost, saving all that money that "kept the company from going out of business due to labor costs"...
Did the price of the product go down?
No.
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