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Tuesday, July 31, 2018

Dan Haar: 5,000 Conn. jobs? Diplomats from China, Mexico, Canada decry tariffs

Prices for metal have climbed in the last few weeks at Glyne Manufacturing Co. in Stratford, a small maker of aerospace parts with about 20 employees. “I can’t necessarily tell if it’s the effects of tariffs or the people providing us with material are increasing prices,” said Ben McGalliard, whose family owns the business. “We’re a small player in this market... It’s sort of been a problem at this point.” Sort-of a problem, not a full-blown crisis. Hard to sort out since the supply chain for aerospace materials, as with so many industries, is truly global. Similarly, Terex Corp., the Westport-based global manufacturer of cranes and other materials handling equipment, sent a letter to customers in March, saying the newly imposed U.S.

from Business https://www.ctpost.com/business/article/Dan-Haar-5-000-Conn-jobs-Diplomats-from-China-13121166.php

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