Life Style

U.S. mask companies struggle to compete with China

In parliament Invoice With bipartisan support, we will allocate $ 500 million annually over the next three years to support domestic manufacturers of critical medical devices.

Industry executives admire these moves, but say they’re running out of time.Is American Mask Manufacturers Association, A recently formed trade association said that 27 members had already dismissed 50% of their employees. Without coordinated action from Washington, most of these companies will go bankrupt within the next two months.

Immediate boost CDC guidelinesBorn during a pandemic, this mask forces healthcare professionals to reuse the N95 mask repeatedly, but the N95 mask is designed to be discarded after contact with each patient. Although 260 million masks collect dust in warehouses nationwide, many hospitals still follow the guidelines.

“We are not seeking endless support from the government,” said Lloyd Armblast, president of the association and founder and chief executive officer of the association. Arm Blast American, Texas mask manufacturer. “Unjustified pressure from China now needs government support as it kills this new industry before legislators even have the opportunity to solve the problem.”

The association will file an unjustified trade complaint with the World Trade Organization (WTO), alleging that many of the armor imported from China is sold at a price lower than the manufacturing cost. The price of some Chinese-made surgical masks has recently dropped to 1 cent, but American masks that use domestically produced raw materials cost about 10 to 15 cents.

“This is a full-scale economic war,” said Luis Argello, Jr. Vice President. Demetech, Florida’s medical suture company fired 1,500 employees who were making surgical masks earlier this month. He’s the other 500 workers who are making N95 masks in the coming weeks. Also said he was likely to be fired.

“China has a mission to keep no one in the industry from surviving, and so far they have won,” Algello said.

U.S. mask companies struggle to compete with China

Source link U.S. mask companies struggle to compete with China

Back to top button