ONTARIO, Calif., Oct 20 (Bernama-GLOBE NEWSWIRE) --
Perfectus Aluminum Inc. has issued the following: On October 12, 2017
the Aluminum Extruders Council (AEC), an industry group representing
largely American aluminum extruders, posted to its blog a false
narrative regarding a suit to which Perfectus Aluminum Inc. is a related
party. The government is not “seeking unpaid duties from Perfectus for
goods brought into the country.” Rather, the government is attempting to
use a 2017 Department of Commerce determination to assess retroactive
antidumping duties on goods imported as early as 2011. It is
discouraging that AEC would tout such an obviously egregious government
overstep as a “victory” to their members and the industry: were it one
of AEC’s own members facing such an obvious violation of fair play and
due process, it would rightfully argue that government overreach is a
threat to manufacturers everywhere.
In addition to the hypocrisy
of the AEC’s promotion of this case, its stance on the underlying issues
warrant serious scrutiny. AEC’s position, which it has articulated in
numerous filings before the Department of Commerce, is that permitting
Perfectus’ product to enter the American stream of commerce would, in
AEC’s words, “harm U.S. producers.” It bears repeating that at the time
Perfectus’ products were detained—in direct response to AEC’s victory
before Commerce—they were in a port leaving the United States.
If the AEC gets its wish and Perfectus’ goods are indeed forfeited, they
would be liquidated and would, by law, be released in some form into
the open market: the very outcome AEC purports to fear most.
Finally,
allegations do not equate to guilt. Cherry-picking language from a
civil complaint to promote a false narrative is both unethical and
untruthful. To this end, Perfectus has attached its filing, in its
entirety, at the end of this release.
Please address any questions to Harris, Baio & McCullough at 215-440-9800.
A link to the PDF is available here: http://www.globenewswire.com/NewsRoom/AttachmentNg/d8d784b3-d89d-4b14-bbdc-a453d13731d8
SOURCE : Perfectus Aluminum Inc.
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