textiles

"Reauthorizing this deal is important to ensure that markets are available for Alabama’s cotton growers and textile producers," Jones said.

Congresswoman Terri Sewell, D-Alabama, this week applauded the passage of a bipartisan bill she introduced to reauthorize the U.S. Caribbean Basin Trade Partnership Act. The legislation, HR991, passed the House by a unanimous voice vote. The legislation extends the U.S.-Caribbean Basin Trade Partnership Act through 2030. The CBTPA is a preferential trade agreement that provides … Continued

Due to the coronavirus crisis, HomTex Inc., a Cullman based manufacturer of bed liners and other items, has shifted its focus to making cotton face masks for businesses and individuals. The family owned company also plans a major investment at its facilities in Cullman County to manufacture the pleated, 3-ply surgical masks used in hospitals … Continued

President Donald Trump said Friday that the U.S. Centers for Disease Control and Prevention recommends wearing a mask to fight the spread of the coronavirus. “The CDC is advising the use of non-medical, cloth-based coverings as a voluntarily public health measure,” Trump said during his daily briefing on the health crisis. The president insisted that … Continued

The Alabama House of Representatives passed the Alabama Incentives Modernization Act on Thursday to improve the way that the state uses economic incentives. More specifically, this bill would add new tools for the attraction and expansion of businesses in rural Alabama as well as in federally designated Opportunity Zones. It also targets attracting technology companies. … Continued

U.S. Rep. Terri Sewell, D-Selma, and Brad Wenstrup, R-Ohio, introduced legislation to reauthorize the U.S. Caribbean Basin Trade Partnership Act until 2030. The CBTPA has allowed for the duty- and quota-free import of goods made with U.S. yarns, fabrics and threads from Caribbean countries since 2000. “Extending the U.S. Caribbean Basin Trade Partnership Act will … Continued

Monday, President Donald J. Trump (R) announced that the United States has secured a preliminary trade agreement with Mexico. During the election, Trump was critical of existing trade agreements and vowed to renegotiate. The news was welcome both on the stock market and in the livestock markets. U.S. Representatives Robert Aderholt and Bradley Byrne both … Continued