NEW YORK — One hot issue in the textile industry of late has been the value of the dollar. Just last month, the American Textile Manufacturers Institute complained at a Congressional hearing that the strength of the dollar compared with other currencies was hurting domestic manufacturers.

ATMI president Carlos Moore said at the time, "the overvalued dollar...has had a devastating impact on the U.S. textile sector overall and on smaller textile enterprises and small communities in particular."

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