New Balance Athletics CEO Joe Preston discusses the impact of the 'supply chain crisis' and inflation on his company., noted on Monday that his company has had a "long-standing commitment to domestic manufacturing" instead of relying on Asian countries, including Vietnam and China, like some of his competitors.
"We’ve been making product in the U.S. for years and we are the only athletic manufacturer that produces here in the states," Preston told "He noted that the company has five factories in the U.S., including two in Massachusetts and three in Maine. "One we just opened up last week. It’s a new facility," he continued, noting that the move led to the creation of 90 new jobs."We’re going to bring that up to over 200 by the end of the year," he told host
Biden, doing a great job keeping manufacturing in the US.