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Wolverine Worldwide Applauds Federal Legislation That Strengthens U.S. Footwear Manufacturing

Stocks in this article: WWW

ROCKFORD, Mich., Sept. 30, 2013 /PRNewswire/ -- Wolverine Worldwide (NYSE: WWW) today praised the House Armed Services Committee's proposed legislation directing the Department of Defense to comply with existing law by procuring American-made athletic shoes for Army, Navy, Air Force and Marine recruits.  The Senate Armed Services Committee has passed similar legislation that, if signed into law, will have an immediate positive impact on domestic manufacturers of footwear and the U.S. supply chain for American-made shoes.

The domestic footwear industry has a long and rich heritage of designing and producing a broad range of quality footwear for the Armed Services. Committing to the domestic production of athletic footwear for our military is a natural progression for U.S. footwear companies and will ensure a future of affordable, high quality athletic shoes for our men and women in uniform. This legislation helps support the domestic industrial base and thousands of manufacturing jobs that provide the necessary equipment for our troops, all with no additional cost to the taxpayer.   It strengthens the ability of industry to provide the full spectrum of footwear needs of the Armed Services, from combat boots to athletic shoes.

"I commend the Armed Services Committees for this thoughtful legislation that will have a direct, positive impact on our manufacturing operations in Michigan," said Blake Krueger, Wolverine Worldwide Chief Executive Officer.  "Our company has been manufacturing in the United States for more than 130 years  – building state-of-the-art footwear in the U.S. is a part of our heritage. We know that our world-class domestic manufacturing operations are capable of producing advanced athletic footwear that will support the training needs for all service branches. Our Saucony, Merrell and Bates brands will be at the forefront of this effort and we will continue to invest in our domestic operations to enhance the ability to deliver innovative products to our customers."

With a commitment to service and product excellence, Wolverine World Wide, Inc. is one of the world's leading marketers of branded casual, active lifestyle, work, outdoor sport, athletic, children's and uniform footwear and apparel.  The Company's portfolio of highly recognized brands includes: Merrell ®, Sperry Top-Sider ®, Hush Puppies ®, Saucony ®, Wolverine ®, Keds ®, Stride Rite ®, Sebago ®, Cushe ®, Chaco ®, Bates ®, HYTEST ®, and Soft Style ®.  The Company also is the global footwear licensee of popular brands including Cat ®, Harley-Davidson ® and Patagonia ®. The Company's products are carried by leading retailers in the U.S. and globally in approximately 200 countries and territories. For additional information, please visit our website, www.wolverineworldwide.com.

SOURCE Wolverine Worldwide

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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