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McRae Industries Profit Slumps Amid Tariff Costs and Lower Boot Demand
Mount Gilead-based McRae Industries saw its third-quarter earnings crater to $858,000, a steep decline from the $3.16 million reported during the same period last year. The footwear manufacturer pinned the downturn on softening demand for its Laredo brand and a significant financial hit from ongoing import tariffs.

























