Friday, 8 June 2012

Dry cleaning could cost more due to wire hanger tax

 

Dry cleaning could cost more due to wire hanger tax

The dry cleaning industry has been hit hard by the economy in recent years. Commerce Department announced last month it will continue an investigation into wire hangers imported from Vietnam and allegedly sold in the U.

"Twenty years ago labor was the majority of the costs," said Sterling Cleaners owner Michael Geoola.

Since many cleaners get their hangers from Vietnam, wholesale prices are expected to jump from 5 cents to 9 cents per hanger.

"When the Commerce Department sits down reviews again, there's going to be about a 200 percent tax on these same hangers, said the company's vice president Sam Monempour.

Wire hanger distributor, 3 Hanger Dry Cleaning

Dry cleaning could cost more due to wire hanger tax



Trade News selected by Local Linkup on 08/06/2012

 

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