US: Department of Commerce investigating company for innerspring dumping
18/06/2012 12:00
The U.S. International Trade Administration, part of the U.S. Department of Commerce, has initiated an investigation of Reztec Industries, an innerspring manufacturer, to determine whether it is circumventing anti-dumping duties being imposed on U.S. imports of innersprings.
In 2009, the Commerce Department set anti-dumping duties for innersprings from China at rates of 165% or 236%, depending on the specific exporter/producer of the spring units. It also set duties for innersprings imported from Vietnam (116.31%) and South Africa (121.39%).
The investigation will determine whether Reztec is using its operations in Malaysia to assemble innerspring units from Chinese-made components to avoid duties. If the investigation finds that that is the case, the company’s products could be subject to similar duties.
The petition requesting an anti-dumping investigation was filed by Carthage, Mo.–based innerspring and components supplier Leggett & Platt on behalf of the U.S. innerspring industry.
June 12, 2012 7:21 AM
Source: bedtimesmagazine.com
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