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Industry News

March 2015 - U.S. COMMERCE SECRETARY PENNY PRITZKER ANNOUNCES NEW MANUFACTURING COUNCIL MEMBERS

Sko-Die is a proud member of several industry associations that are committed to the advancement of our industry and a strong overall Manufacturing economy.  The TMA (www.tmaillinois.org) is one such association with which Sko-Die is strongly aligned.  The TMA was in the news recently as one of our fellow association members was named to the US Commerce Department's Manufacturing Council.  This council, formed in 2004, advises the Commerce Department on policies and strategies to strengthen the US Manufacturing Economy.  Sko-Die and the TMA are proud to have a member participate in this capacity. 

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JUNE 2014 - Electrical Steel Trade Cases

JUNE 2014 - Electrical Steel Trade Cases

On May 16, 2014, the Department of Commerce announced its preliminary determinations in the Antidumping (AD) investigations of imports of non-oriented electrical steels (NOES) from China, Germany, Japan, Korea, Sweden and Taiwan. Those preliminary determinations included proposed duties on the NOES products as follows:

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OCTOBER 2014 - Electrical Steel Trade Cases

OCTOBER 2014 - Electrical Steel Trade Cases

The ITC has issued a final ruling in a portion of the currently open trade cases filed against certain countries for the import of Grain Oriented Electrical Steel (GOES) products.  The decision by the ITC on August 27 was found in favor of Germany, Japan and Poland and absolved them of import duties. The ITC is scheduled to make final injury determinations on the remaining cases against the Czech Republic, China, Korea and Russia on October 23rd.

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MARCH 2014 - Reshoring of Domestic Manufacturing

MARCH 2014 - Reshoring of Domestic Manufacturing

Reshoring of Domestic Manufacturing – The topic of Reshoring continues to find its way into broad based discussions as to the overall domestic manufacturing sector.  As manufacturing companies that had previously made decisions to move manufacturing out of the USA are waking up to the fact that not all of the “savings” that drove these decisions were actually realized, some are re-assessing those decisions.  This is certainly a positive development and one that we trust will continue to gain momentum in the coming years.

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