Here is an excerpt from an article written by Sam Wood from Philly.com about one of our own. We are pretty sure that American Keg is not alone.
Excerpt: The only company in the United States making beer kegs fashioned from American steel is struggling to survive. The president’s newly signed levies on imported steel are unlikely to help. The American Keg Co. of Pottstown — its prices undercut by kegs imported from China, France and Germany — slashed its workforce by a third earlier this year. Only 20 people now work where 30 were once employed.
“The cost of an imported keg just barely covers the raw materials on one of ours,” said CEO Paul Czachor. “It’s very difficult to compete.”
So when President Trump suddenly announced 25 percent tariffs on imported steel, many at American Keg thought it would help level the playing field. Now the CEO thinks otherwise. Read the rest of the article here >>
Listen to This Podcast from Marketplace.org.
Lizzy O’Leary interviews Paul Czachor
What are your thoughts on the subject?
The Manufacturing Alliance is hosting a Manufacturing Executive only event on June 21st in Limerick PA called:
Combating The Negative Impacts of Taxes and Tariffs
If you are a manufacturer in the Philadelphia, Reading or Lehigh Valley region, we invite you to join us.