Six years ago, the apparel manufacturer Eagle Sportswear, in rural Middlesex, North Carolina, was ready to close, until Bayard Winthrop helped buy the knitwear plant.
"We've spent, nationally, much of the last 40 years moving manufacturing overseas to chase cheap labor and lower environment standards and lower regulations," Winthrop said.
In 1980 almost 80% of clothing bought in the U.S. was made in America. Today, it's around 3%. Winthrop says while globalization and trade deals made goods cheaper, they also brought decades of lay-offs and plant closures.
"I'm a free-trade person," Winthrop said. "But I also am a believer in saying, 'Wait a second, you cannot gut a bunch of communities in the U.S. and move to Bangladesh and then import all those goods back again and sell them at the local Dollar Store to all these people that now no longer have jobs.'"