PR 101 eNEWSLETTER - SUBSCRIBE TODAY!
With simple tips and actionable advice, you'll be able to quickly and easily enhance the visibility of your product, service and brand.
"We recently used PR Newswire's services to announce our newly hired Director of Development. Our release was picked up by over 100 online publications. Their services and website are user-friendly, and we were truly impressed by the results. It was definitely worth the investment!"
Youth Frontiers, Inc.
Auburn Manufacturing, Inc. is Successful in Having Significant Duties Imposed on Unfairly Priced and Subsidized Chinese Imports
MECHANIC FALLS, Maine, Feb. 17, 2017 /PRNewswire/ -- Today, the U.S. International Trade Commission determined that imports from China of amorphous silica fabric ("silica fabric"), that were previously found by the U.S. Department of Commerce to be unfairly priced and subsidized, materially injure the U.S. industry. This is the culmination of the petition filed by Auburn Manufacturing, Inc. ("AMI") in January 2016. As a result, U.S. importers of silica fabric will be required to post combined estimated antidumping and countervailing duties ranging from approximately 200% to 300%. AMI is the largest U.S. manufacturer of silica fabric, operating two manufacturing plants in Maine. AMI is the principal supplier of amorphous silica fabric to the U.S. Navy.
AMI had lost a significant number of sales to Chinese imports due to extremely low import prices, resulting in AMI having to lay off workers. As a result of the successful petition and the imposition of duties, AMI is seeing a rebound in sales, which has allowed it to hire back many of the previously laid off workers. Just as important, AMI will be able to continue being a viable supplier of silica fabric to the U.S. Navy.
AMI very much appreciates the effort by the U.S. International Trade Commission and the U.S. Department of Commerce in investigating the unfair trade practices of the Chinese producers. Ms. Leonard, the President and CEO of AMI, states the following:
"I am extremely happy with the outcome of the proceedings and thank the U.S. International Trade Commission and the U.S. Department of Commerce for levelling the playing field for my company. I am also grateful to U.S. Senators Susan Collins and Angus King and Representatives Chellie Pingree and Bruce Poliquin. The Maine delegation was instrumental in taking a stand against unfair trade from China."
About Auburn Manufacturing, Inc.
Since its founding in 1979, Auburn Manufacturing, Inc., has become a leading developer, manufacturer, and marketer of textile products for hundreds of extreme temperature industrial applications throughout the world, including welding protection, industrial insulation, safety apparel, gaskets and seals, and other MROP (Maintenance, Repair, Operations and Production) and OEM (Original Equipment Manufacturer) applications.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/auburn-manufacturing-inc-is-successful-in-having-significant-duties-imposed-on-unfairly-priced-and-subsidized-chinese-imports-300409351.html
SOURCE Auburn Manufacturing, Inc.