Last year, the Pennsylvania-based Bollman Hat Co. spent $1million moving its Kangol hat-making factory from China to the U.S. But due to the higher cost of American labor, the company's profits have went down and they're now losing money on every hat they make. There was no profit sharing in 2016, and, for the first time in 31 years, the company did not make a contribution to its employee stock ownership plan. Bollman spends about $11 an hour per worker in Pennsylvania vs. $2.60 in China. The company remains optimistic that they will eventually be able to get the cost-per-hat down once American workers get faster at making the hats. The company moved the factory to America so that they could get their products to market faster. The Adamstown factory is responsible for about 20 per cent of Kangol production, with the rest coming from plants in England, Italy, Taiwan, China and Vietnam. Bollman acquired Kangol, an English brand that gained cachet in the U.S. when hip-hop pioneers like Run-D.M.C. and LL Cool J began sporting it, in 2001. Pictured left in the President and COO of Bollman, Don Rongione. Top right: a Kangol hat created at the company's Pennsylvania factory. Bottom right: A worker making a Kangol hat at the Pennsylvania factory. Original Article: http://www.dailymail.co.uk/news/article-4557584/Hat-brand-Kangol-returns-jobs-US-finds-struggling.html Original Video: http://www.dailymail.co.uk/video/news/video-1474989/Famous-hat-brand-Kangol-losing-money-moving-factory-U-S.html Daily Mail Facebook: http://facebook.com/dailymail Daily Mail IG: http://instagram.com/dailymail Daily Mail Snap: https://www.snapchat.com/discover/Daily-Mail/8392137033 Daily Mail Twitter: http://twitter.com/MailOnline Daily Mail Pinterest: http://pinterest.co.uk/dailymail Daily Mail Google+: https://plus.google.com/+DailyMail/posts Get the free Daily Mail mobile app: http://dailymail.co.uk/mobile

• published: 15 Mar 2018
• views: 1763