Laws Lawyers Find Laws Legal Forms State Laws Bills
Home » Legal News » Investigations Continue Into Plywood from China

Investigations Continue Into Plywood from China

November 09, 2012 09:23pm  
On November 9, 2012, the International Trade Commission (USITC) announced that continuing investigations allege that hardwood plywood from China was subsidized and sold for less than fair value in the United States.All six Commissioners with the USITC agreed that investigations should continue. Hardwood plywood and decorative plywood is made when two layers of wood veneer are glued to a core of medium density fiberboard, particleboard, oriented strand board, or other types of lumber.The core is usually made of oak, birch, maple, poplar, or bamboo, and the wood is used on furniture, cabinets, underlayment, wall paneling, and more. The Coalition for Fair Trade of Hardwood Plywood petitioned for the following individual members: •Columbia Forest Products in Greensboro, North Carolina •Commonwealth Co., Ltd. in Whitehall, New York •Murphy Plywood in Eugene, Oregon •Roseburg Forest Products Co. in Roseburg, Oregon •States Industries LLC in Eugene, Oregon •Timber Products Company in Springfield, Oregon There were a total of 20 producers affected by the possible fair trade violations, and these producers are located in the following states: Arkansas, Illinois, Mississippi, New York, North Carolina, Ohio, Oregon, Pennsylvania, South Carolina, Virginia, Washington, and West Virginia.There were a total of 1851 employees with the affected producers. U.S. consumption of the plywood products was an estimated $2,014,000,000 in 2011, and about $707.3 million of U.S. imports involved hardwood plywood from China.China exported the most plywood to the United States, for other countries only imported $632.7 million of similar products in 2011. It is important to note that the investigation does not involve structural plywood, plywood used for cork faces or cork backs, multilayered flooring used for CVD/AD order, or other types of plywood that are used for anything besides basic finishing. Source: U.S. International Trade Commission
Loading...
  • Play
  • Pause
  • Volume:
  • Mute
  • Half
  • Max
  • Investigations Continue Into Plywood from China


    On November 9, 2012, the International Trade Commission (USITC) announced that continuing investigations allege that hardwood plywood from China was subsidized and sold for less than fair value in the United States.  All six Commissioners with the USITC agreed that investigations should continue.  


    Hardwood plywood and decorative plywood is made when two layers of wood veneer are glued to a core of medium density fiberboard, particleboard, oriented strand board, or other types of lumber.  The core is usually made of oak, birch, maple, poplar, or bamboo, and the wood is used on furniture, cabinets, underlayment, wall paneling, and more.  


    The Coalition for Fair Trade of Hardwood Plywood petitioned for the following individual members:


    •    Columbia Forest Products in Greensboro, North Carolina
    •    Commonwealth Co., Ltd. in Whitehall, New York
    •    Murphy Plywood in Eugene, Oregon
    •    Roseburg Forest Products Co. in Roseburg, Oregon
    •    States Industries LLC in Eugene, Oregon
    •    Timber Products Company in Springfield, Oregon


    There were a total of 20 producers affected by the possible fair trade violations, and these producers are located in the following states: Arkansas, Illinois, Mississippi, New York, North Carolina, Ohio, Oregon, Pennsylvania, South Carolina, Virginia, Washington, and West Virginia.  There were a total of 1851 employees with the affected producers.  


    U.S. consumption of the plywood products was an estimated $2,014,000,000 in 2011, and about $707.3 million of U.S. imports involved hardwood plywood from China.  China exported the most plywood to the United States, for other countries only imported $632.7 million of similar products in 2011.  


    It is important to note that the investigation does not involve structural plywood, plywood used for cork faces or cork backs, multilayered flooring used for CVD/AD order, or other types of plywood that are used for anything besides basic finishing.  


    Source: U.S. International Trade Commission

    Comments

    Must Read

     APR Explained APR Explained
    The abbreviation APR, in terms of finance, refers to an annual percentage rate.
    4 Categories of Derivative 4 Categories of Derivative
    Financial derivatives are a financial agreement between two parties.
    A Brief History of E-Commerce A Brief History of E-Commerce
    The history of e-commerce has continued up to the present day but is generally considered to also predate the period in which the Internet was available.
    A Brief Overview of Internet Business A Brief Overview of Internet Business
    An internet business can refer to a company or business that will conduct all of its transactions and offer its services and products through the internet.
    A Guide to Assault and Battery Defenses A Guide to Assault and Battery Defenses
    Assault and Battery: DefensesProsecuting a purported incidence of violent physical action as assault and battery requires that the legal system prove that nothing about the context of the action could excuse its performance and that the intention or responsibility of the actor can be demonstrated.
    A Guide to Non-Profit Organizations A Guide to Non-Profit Organizations
    Non-Profit Organization BackgroundNon-profit organizations are those which are set up to provide aid on a local or global level while continuing to funnel income into the cause.
    A Handy Guide to Negotiable Instruments A Handy Guide to Negotiable Instruments
    Money is the one constant of all financial transactions, as it changes hands quickly and readily to accommodate any deals.
    A List of Different Types of Brokerages A List of Different Types of Brokerages
    Brokerage is an overarching term for a firm that helps the acquisition and sales of securities, supplies and assets.
    Operation Confirm
    Are you sure you want to delete it?
      
    Tips