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Trade Adjustment Assistance for Firms (TAA) is a federal program that provides financial assistance to manufacturers affected by import competition. Sponsored by the U.S. Department of Commerce, this federal assistance program helps pay for projects that improve a firm's competitiveness. Read on to see how manufacturers have used Trade Adjustment Assistance with dramatic results.
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Success Story #1 |
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Success Story #2 |
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Success Story #3 |
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Situation:
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Small food flavorings company was losing sales and jobs to large international rivals |
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Solution:
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Used TAA funds to develop new line of specialty flavorings and implement comprehensive management information system for enhanced customer service |
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Success:
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Sales and employment nearly tripled in four years |
Read excerpt of article from Crain's Chicago Business.
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Situation:
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Baseball cap manufacturer was being undercut by low cost imports in commodity products |
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Solution:
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Used TAA funds to develop "nostalgia" line of vintage baseball caps |
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Success:
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Record year in sales |
Read excerpt of article from The Wall Street Journal.
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Situation:
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Backpack manufacturer struggled to survive as one of the few remaining outerwear firms in the area |
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Solution:
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Used TAA funds to implement a marketing campaign for its new single strap backpack |
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Success:
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Doubled account base in one year |
Read excerpt of article from Washington CEO.
View a list of other articles written about Trade Adjustment Assistance or call your regional contact to learn more.
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Trade
Adjustment Assistance For Firms
Sponsored by the U.S. Department of Commerce
Economic Development Administration
Washington, DC 20230
info@taacenters.org
