Fear of over-regulation is hitting ... the guitar industry?
The iconic Gibson guitar is manufactured in the United States, but it has not been easy to keep it here.
In August, Gibson factories in Nashville and Memphis were raided, and rosewood from India was confiscated. No charges have been filed, but it's the second time Gibson has been raided.
The action stems from enforcement of a revived Federal law concerning illegal logging, and Gibson was an early target.
"We are definitely paying the price to manufacture in the United States," CEO Henry Juskiewicz told CNBC.