US: Wal-Mart to host US manufacturing summit
Wal-Mart is set to build on its commitment to buy more American goods, with plans to convene a US manufacturing summit on Thursday (22 August).
More than 1,500 people are set to attend the event, which will take place in Orlando, Florida, in partnership with the National Retail Federation (NRF).
In January, the retailer committed to buying an additional US$50bn in US products over the next 10 years.
Apparel basics, sporting goods, storage products, games and paper products will be part of the sourcing initiative. The retailer also said the move could help onshore US production in areas like textiles.
Wal-Mart said that governors and officials will also have the opportunity to connect directly with hundreds of manufacturers who are ready to create jobs in their areas. Supplier companies will have the opportunity to present potential products and learn about resources available in different states.
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