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Stock impact report

China Has ‘Nationalized’ Its N95 Mask Makers [Forbes]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: Forbes
In this April 13, 2020 file photo, a car passes nurses protesting the lack of N95 face masks and... [+]other Personal Protective Equipment outside the UCLA Medical Center in Santa Monica. (AP Photo/Damian Dovarganes)ASSOCIATED PRESSChina has ‘nationalized’ the big N95 mask manufacturers, making it harder for buyers here to get their hands on a product that, once again, China dominates, says a big U.S. importer.“All of our orders, for millions of N95 masks, were canceled last week,” says Leo Friedman, CEO of iPromo in Chicago, who has been importing tens of millions of masks all month. “They were for hospitals and state governments. We told them last week that we can’t get them.”iPromo is known for making branded giveaway goods seen at trade shows, or other corporate ‘swag’. The company shifted to servicing those clients with medical-related goods, from surgical masks to face shields and anti-bacterial gel in order to stay in business as the trade show market collapsed in the pandemic. Show less Read more
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