Today, Nike welcomed President Obama to its World Headquarters in Portland, Oregon to express his support of Trade Promotion Authority (TPA) and the Trans-Pacific Partnership (TPP).
Simply, the company is leaning towards investing footwear manufacturing in the United States, other than just overseas. This initiative will create up to 10,000 manufacturing and engineering jobs, thousands of construction jobs and up to 40,000 indirect supply chain and service jobs in the United States over the next decade.
“We believe agreements that encourage free and fair trade allow Nike to do what we do best: innovate, expand our businesses and drive economic growth. Nike has always led the way in product innovation, and now we will be able to accelerate our investments to continue to drive manufacturing innovation,”
said Mark Parker, President & CEO NIKE, Inc.
Nike currently employs 26,000 people in the United States, with some of its manufacturing distribution based in Oregon and Missouri that employ thousands of Americans. The goal is to essentially create more jobs in America and prioritize U.S. manufacturing, which would allow Nike to deliver products faster to the market and advance sustainability goals.
Read more about President Barack Obama’s recent speech here.