What is the biggest threat facing your segment of the textile services industry in the near term?
"In the hotel industry, a wage of $15.37 per hour has already passed and been imposed! The city council also has a proposal to take the $15.37 hourly wages to a citywide living wage ordinance, and by 2018 they want to make the standard minimum wage for Los Angeles more than $18. The way it’s going here, with the demographics of our city, the city council is getting whatever they want. We’re looking at a $15–$18 minimum wage in the next five to six years. Our operation costs will increase dramatically. California is also facing a true and dramatic water ...
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