Textiles

During the past century starting in the late 1960's many American industries were hurt by foreign competitors who could use cheap labor, lack of regulation and unsafe working conditions to undercut prices on production. The textile industry is a good example. With the onset of reshoring this industry is being revitalized. New cotton fields, along with gins and clothing facilities are being developed with the latest technology making products that are competitive on the world market. Automation along with lower transportation cost have overcome the lower wage advantage of foreign companies. Over the past ten years what many call just the beginning of a textile resurgence has taken place. Today, the American textile industry is the fourth largest exported of textile products in the world. This is just one example of what is happening in many industries.