Wolverine Worldwide Hails Defense Department Policy Change To Purchase US-Made Athletic Footwear
Office of the Secretary of Defense Directs the Armed Services to Comply with Existing Law and Procure American-made Athletic Footwear
ROCKFORD, Mich., April 28, 2014 /PRNewswire/ -- Wolverine Worldwide (NYSE: WWW) today commends the Department of Defense for updating the policy regarding the acquisition of athletic shoes for military recruits. In a letter to members of the Armed Services Committees, the Deputy Secretary of Defense confirmed a policy change that requires new recruits to use their footwear allowance to purchase U.S.-made athletic footwear that is compliant with the Berry Amendment, once they are available in the marketplace.
For the past several years, Wolverine Worldwide has urged the Pentagon to procure athletic footwear manufactured in the United States, rather than purchasing foreign-made products. This policy change will ensure that the Armed Services are not dependent on foreign sources for essential basic training needs and will significantly help support the U.S. supply chain for American-made shoes.
This policy correction will help strengthen and support the domestic industrial base and the thousands of manufacturing jobs that provide the necessary equipment for the Army, Navy, Air Force, Marines and Special Forces, with no additional cost to the taxpayer. It also strengthens the ability of industry to provide the full spectrum of footwear needs of the Armed Services, from combat boots to athletic shoes.
"I am grateful that the Department of Defense has recognized the importance of providing the Armed Services with athletic footwear made in the United States," said Blake Krueger, Wolverine Worldwide Chairman and Chief Executive Officer. "Our Saucony, Merrell and Bates brands have partnered together to advance this effort and we are well into the process of producing state-of-the art athletic shoes at our manufacturing plant in Michigan. Wolverine Worldwide is committed to utilizing the full research and development capabilities of our entire corporation to support the training needs of those who serve our country."
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
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