Simms CEO Walsh Attends Washington Bill Signing

On Wednesday Simms CEO K.C. Walsh spoke to President Obama at the signing of the U.S. Manufacturers Enhancement Act, which removes tariffs on imported materials that are unavailable from U.S. sources. In Simms’s case, it means they can get back into the vulcanized rubber boot-foot wader market.
“‘The duty rate was 37.5 percent and now it drops to zero,’ Walsh said Thursday. ‘That’s very meaningful for us. We can’t compete in the boot-foot wader market with that duty. We had discontinued the boot-foot waders, but with the signing of this law, we’ll be back in the business in January.'”