Word: shuttleless
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Dates: during 1970-1979
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...industry's resurgence is also being speeded by improved technology like the shuttleless loom, which is more flexible in reproducing designs and runs at higher speeds than conventional looms. Textile producers are also turning away from their historical emphasis on volume production, which often resulted in glutted markets and depressed prices, to concentrate on highly salable items that offer greater returns on investment. Finally, the rush of imports that has plagued the industry in the past has slowed, partly because of the 1971 agreement that drastically curbed imports from Japan and the Far East, partly because costs recently have...
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