On Friday, March 19 the United States International Trade Commission heard preliminary positions in an anti-dumping and countervailing duties petition filed by the Coalition of American Manufacturers of Mobile Access Equipment (members include JLG Industries, Inc. and Terex Corporation) against certain mobile access equipment and subassemblies imported from the People’s Republic of China.
Representation from the Coalition of American Manufacturers of Mobile Access Equipment argued that Chinese manufacturers have entered the U.S. domestic market with infeasible pricing strategies that are 10% below costs with a 40% profit margin. They warn that the ongoing increase in market share could be catastrophic for domestic manufacturers, pointing to the continued closure of facilities and loss of thousands of factory-related jobs in Pennsylvania, Maryland, Ohio, and throughout the U.S. supply chain. Representation for the People's Republic of China countered that their nimble, go-to-market strategy, product innovations, and aftermarket support have been the primary catalysts to the recent surge in market share of the smaller rental customers who cannot take advantage of bulk pricing.
The ITC advised both sides to provide proceeding corrections by March 24. Voting will take place on April 9 with the ITC scheduled to make preliminary determinations to the DOC by April 12.
Lift & Access is part of the Catalyst Communications Network publication family.
