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

HVAC/R Industry Welcomes End to Steel Tariffs
Dec 8, 2003
 Printable format
 Email this Article
 Search

U.S. President Bush’s decision to rescind the tariffs on steel is a "clear victory for consumers and the manufacturers of heating, ventilation, refrigeration and air conditioning equipment for whom steel is a vital and fundamental component," according to William G. Sutton, president of the Air-Conditioning and Refrigeration Institute (ARI).

"ARI and its members made a strong case for repeal and the facts proved overwhelming, especially as industry after industry joined us in making the argument that each day that we pay extra for steel means more jobs shifted to Asia," said Mr. Sutton, whose trade association represents manufacturers of more than 90 percent of the North American produced central air conditioners and commercial refrigeration equipment.

According to ARI, the HVACR industry, with 175,000 workers, achieves a positive trade balance annually with exports exceeding imports, but rising costs due to the tariffs threatened the ability of American firms to compete and imposed an unfair burden on consumers. ARI said it joined a chorus of voices in warning the International Trade Commission (ITC) that the tariffs were encouraging manufacturers to move facilities abroad.

"This action by President Bush is an important step forward to help the HVACR industry improve its position in 2004," proclaimed Mr. Sutton.

Back to Daily News

 

Daily News

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

Sep 23, 2014: Shipments and placements of new manufactured homes up in July

Sep 23, 2014: Existing-home sales down in August

Sep 23, 2014: FHP motor shipments up big in the first half of 2014

Sep 23, 2014: Electrolux and General Electric to lead conferences at retail marketing conference

Sep 23, 2014: Global PCB Production Worth $59.4 Billion

More Daily News>>

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

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

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
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