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Stock impact report

Milwaukee Tool Work Gloves Allegedly Tied to Forced Labor [Yahoo! Finance]

TECHTRONIC INDUS LTD ADR (TTNDY) 
NASDAQ:AMEX Investor Relations: ttigroup.com/en/investor_relations
Company Research Source: Yahoo! Finance
Limited and two of its Chinese subsidiaries, Select Safety Products and Select Protective Technology Limited. CBP officers were instructed to detain any work gloves made by the companies and deny them entry into the country. The order came after CBP received information implicating the companies in the use of convict labor, a violation of U.S. law that prohibits the import of products made with forced labor. According to a report from nonprofit publication Wisconsin Watch , the gloves in question include Milwaukee Tool-branded gloves. Most Read on IEN: How the De Minimis Loophole Has Crippled Industries Toxic Ingredients Found in Weight Loss Supplements Heineken Uproots Huge Apple Orchard as Cider Sales Slip Raccoon Knocks Out Electricity for Thousands in Wisconsin The labor abuse allegations came to light in November 2022, when a Chinese exile, Shi Minglei, started a petition to get Milwaukee Tool to stop using slave labor. According to her campaign, Shi's husband was Show less Read more
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