SCHUMER: CHINESE COUNTERFEITERS COST BUFFALO CAP MANUFACTURER AN ESTIMATED $300 MILLION EACH YEAR – SENATOR LAUNCHES THREE-PRONG PLAN TO KEEP FOREIGN THIEVES FROM STEALING NEW ERA’S REVENUE & JOBS
Today, at New Era Cap Company in Buffalo, U.S. Senator Charles E. Schumer announced his three-pronged plan to combat the scourge of counterfeit hat producers in China and elsewhere overseas, where millions of fake caps and other articles of knock-off clothing threaten the Buffalo company. The counterfeiters prevent New Era from increasing its revenue and furthering its positive impact on Western New York. Schumer's plan connects federal enforcement agencies with New Era officials to better identify counterfeiters overseas and beefs-up federal support to immediately halt their illegal operations, including the shutdown of factories and websites selling counterfeit caps and apparel. The Schumer-New Era partnership can help foster growth of this 92-year-old Buffalo company, with 700 employees in Western New York and 1,000 worldwide.