Hosiery Technology Center gets funding from US-ITA
14 Oct '05
1 min read
The US Department of Commerce's International Trade Administration (ITA) has presented a grant of $397,000 to the Hosiery Technology Center (HTC).
Based on the campus of Catawba Valley Community College here, HTC enables US hosiery firms to compete in the global marketplace through a broad range of training programs, R&D, testing, and new product development.
James Leonard, ITA's Deputy Assistant Secretary for Textiles and Apparel, presented the award on October 6 at Harriss & Covington Hosiery in High Point, NC, to: Dan St. Louis, Director of HTC; and Sally Kay, President of The Hosiery Association (THA).
The ITA funding will enable HTC to introduce U.S. hosiery producers to Japan's as well as other emerging countries' retail markets.
As part of the overall initiative, HTC plans to organize marketing campaigns and trade missions to Japan, Singapore, Eastern Europe and Scandinavian countries.