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YORK Peppermint patty factory closing
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<blockquote data-quote="Thomas Rogers" data-source="post: 847614" data-attributes="member: 60724"><p>Adam,</p><p></p><p></p><p></p><p>Watching the 2nd half now. I know an owner of a regional furniture chain. They just declared bankruptcy and are liquidating 6 stores now. He told me a year ago that North Carolina-based furniture manufacturers can't compete with China. He indicated that the Chinese built furniture isn't of the same quality as the American built, but that really doesn't matter. People today buy more for price than quality. That's what he said.</p><p></p><p></p><p></p><p>I talked with him the other day. He said that the liquidation sales are going well. He seemed bewildered by it all. He doesn't understand why people will by a $40k vehicle they keep for maybe 5 years, but then skimp $2k on a piece of furniture that they will have for over 20 years.</p><p></p><p></p><p></p><p>It's funny in the segment I watched when the Chinese wife of the rich executive got the delivery of their new couch from America. She commented on the great quality of the American-made products.</p><p></p><p></p><p></p><p>More and more Chinese seem to appreciate our American-built products, and less and less of our own people seem to appreciate them.</p><p></p><p></p><p></p><p>TJR</p></blockquote><p></p>
[QUOTE="Thomas Rogers, post: 847614, member: 60724"] Adam, Watching the 2nd half now. I know an owner of a regional furniture chain. They just declared bankruptcy and are liquidating 6 stores now. He told me a year ago that North Carolina-based furniture manufacturers can't compete with China. He indicated that the Chinese built furniture isn't of the same quality as the American built, but that really doesn't matter. People today buy more for price than quality. That's what he said. I talked with him the other day. He said that the liquidation sales are going well. He seemed bewildered by it all. He doesn't understand why people will by a $40k vehicle they keep for maybe 5 years, but then skimp $2k on a piece of furniture that they will have for over 20 years. It's funny in the segment I watched when the Chinese wife of the rich executive got the delivery of their new couch from America. She commented on the great quality of the American-made products. More and more Chinese seem to appreciate our American-built products, and less and less of our own people seem to appreciate them. TJR [/QUOTE]
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