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Dollar's rise squeezes Long Island exporters

published by nyfwa on Fri, 2015-04-10 16:31

Some of Long Island's largest companies are caught in a macroeconomic vise as the strong U.S. dollar, which has climbed 31 percent against the euro in the past 12 months, squeezes export sales. By Ken Schachter http://www.newsday.com/business/pall-corp-aceto-corp-comtech-and-henry-s...

Long Island companies are feeling the pinch of

Long Island companies are feeling the pinch of the foreign exchange rate. Photo Credit: AFP / Getty Images / Philippe