Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Home Products International Files Anti-Dumping Petition
Jul 1, 2003
 Printable format
 Email this Article
 Search

Home Products International, Inc., a housewares maker, on Monday announced that it filed an action with the U.S. International Trade Commission (ITC) and the U.S. Department of Commerce, seeking relief from a surge in the importation of illegally priced Chinese ironing boards. HPI's petition demands the imposition of anti-dumping tariffs on the imported Chinese ironing boards.

HPI's petition, filed pursuant to U.S. anti-dumping laws, was a measure of last resort for the Chicago, IL, U.S.-based company, which has ironing board manufacturing facilities in Seymour, IN, U.S.

"We tried to counteract the flood of Chinese imports by enhancing production efficiency and downsizing our labor force. Despite our best efforts, we cannot decrease production costs enough to compete with these ironing boards offered to retailers at such unreasonably low prices," stated James R. Tennant, chairman and CEO of HPI. "The company took this action to prevent further erosion of its U.S. ironing board production operations and to preserve hundreds of manufacturing jobs at our Seymour location."

Of the various legal options available, HPI chose to pursue relief under anti-dumping statutes, which, if granted, would result in the imposition of a tariff on the imports to adjust their price to a fair market level. Relief under alternative provisions could have resulted in the establishment of quotas on ironing board imports from China, or a combination of tariffs and quotas.

Mr. Tennant noted, "HPI is not seeking to prohibit the import of ironing boards from China; HPI is just trying to ensure that the pricing is fair."

Comprising less than 3 percent of the U.S. ironing board market in 2000, the company reported that current projections indicate that Chinese imports will represent nearly 50 percent of the market in 2003. Up until this rapid increase in Chinese imports, the ironing board market was not typically subject to such dramatic fluctuations.

Mr. Tennant concluded, "The steep increase in the number of Chinese imports is not the result of any technological advantages enjoyed by the Chinese. They do not have any quality advantage, nor have they introduced any new innovative products. The only reason for the rapid growth of Chinese ironing boards in the U.S. market is unfair pricing. HPI is confident that the investigation of this matter by the Commerce Department and the ITC will mandate a remedy to restore fairness to the U.S. ironing board market."

Back to Daily News

 

Daily News

...........................................................

Nov 25, 2014: Robotics Exhibits Grow 25% at 2015 CES

Nov 25, 2014: Index shows HVAC/R contractors more positive than last year

Nov 25, 2014: Consumer Confidence Index Declines

Nov 25, 2014: Existing home sales up in October

Nov 25, 2014: CEA: confidence in technology spending up in November

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows