Fighting to Keep Manufacturing in America
Thursday, July 17, 2014
The Bassett Furniture Company, based in Bassett, Virginia, was once the world's biggest wood furniture manufacturer. But beginning in the 1980s, a flood of cheap Asian furniture made it hard for Bassett to compete. Beth Macy tells the story of how John Bassett III watched one family company embrace globalization while fighting to keep the other right here at home. Macy's book Factory Man reveals some shocking truths about American business, including the fallout of offshoring on communities across the country.