Mortgaging our future and our children's future

"We are mortgaging our future and our children's future, and it's wrong," says Guilford Mills CEO John Emrich, pointing to U.S. reliance on China and other foreign countries to support its debt burden. To get out from under its own crushing debt, Guilford successfully reorganized, and now apparel fabrics, such as those used in Under Armour's compression wear, make up less than 6 percent of the pie.