Bonnell Aluminum Commenting on Recent Trade Filing from Aluminum Extruders Coalition and United Steelworkers Union
October 05 2023 - 9:15AM
Business Wire
Bonnell Aluminum, a subsidiary of Tredegar Corporation (NYSE:
TG), applauds the U.S. Aluminum Extruders Coalition - which Bonnell
Aluminum is part of - and the United Steelworkers union following
the October 4, 2023, filing of antidumping and countervailing duty
petitions to remedy the unfairly traded imports of aluminum
extrusions from China, Colombia, the Dominican Republic, Ecuador,
India, Indonesia, Italy, Malaysia, Mexico, South Korea, Taiwan,
Thailand, Turkey, the United Arab Emirates and Vietnam.
According to the October 4, 2023, press release by Wiley Rein
LLP, the petitions were filed concurrently with the U.S. Department
of Commerce and the U.S. International Trade Commission (USITC) in
response to large and increasing volumes of unfairly priced imports
of aluminum extrusions, which have been materially injuring the
American aluminum extrusion industry since 2019. Producers in the
subject countries have used dumped and subsidized prices to gain
significant amounts of market share in the United States at the
direct expense of the U.S. industry and the thousands of USW
workers. As a result of the increasing volumes of dumped and
subsidized imports, U.S. extruders have been unable to take
advantage of the growth in the market and have seen their
production, sales, and profitability decline along with their
market share.
“We are determined to end the significant surge of unfairly
dumped and subsidized imports of aluminum extrusions that have
flooded the U.S. market,” said Brook Hamilton, president of Bonnell
Aluminum. “Enforcing our trade laws will ensure that U.S. aluminum
manufacturers are given the opportunity to compete on a level
playing field. We must stand up for American manufacturers and put
an end to the continuous layoffs that are devastating our workers,
our industry, and our communities.”
Read the full press release >>
About Bonnell Aluminum
Bonnell Aluminum is a subsidiary of Tredegar Corporation
(NYSE:TG). The Company is a leading manufacturer of
custom-fabricated and finished aluminum extrusions serving the
building and construction, automotive and transportation, consumer
durables, machinery and equipment, electrical and distribution
markets. Branded product lines include TSLOTS by Bonnell Aluminum
and Futura Transitions by Bonnell Aluminum. The Company has
manufacturing facilities located in Newnan GA, Carthage TN, Niles
MI, Elkhart IN, and Clearfield UT.
For additional information about Bonnell Aluminum, please visit
www.bonnellaluminum.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20231005534529/en/
Guy Charpentier Division Marketing Director Email:
guy.charpentier@bonnellaluminum.com
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