Learning to Prosper in a Factory Town
In the foothills of the Appalachian Mountains in a corner of South Carolina sits a town that should be economically dead. For decades, Greenville was the heart of the state's textile industry--and its economic engine. First attracted by the area's fast-moving rivers as a way to power looms, textile manufacturers employed tens of thousands of people here. Beginning in the 1970s, however, facing competition from lower-cost manufacturing regions like Mexico and Southeast Asia, these companies began to struggle. Over the next decades, many factories closed.
Oct-21-2016, 05:40:07 GMT
- Country:
- Asia
- China (0.04)
- Southeast Asia (0.24)
- Europe
- North America
- Mexico (0.24)
- United States
- North Carolina > Mecklenburg County
- Charlotte (0.04)
- South Carolina > Greenville County
- Greer (0.04)
- North Carolina > Mecklenburg County
- Asia
- Industry:
- Banking & Finance (1.00)
- Government > Regional Government (0.47)
- Textiles, Apparel & Luxury Goods (0.69)
- Technology:
- Information Technology > Artificial Intelligence > Robots (1.00)