Accuride Corp. announced Wednesday, April 18, that it has received notification that the U.S. International Trade Commission has made a negative final determination in its investigation into the impacts of certain Chinese-manufactured steel wheels on the domestic commercial vehicle steel wheel production industry, which includes Accuride and its co-petitioner, Maxion Wheels.
Although issuing a favorable preliminary ruling, and despite a favorable final ruling from the Department of Commerce, Accuride says the ITC made a final determination that the domestic U.S. commercial vehicle steel wheel industry was not injured or threatened with injury by the subject imports. The co-petitioners will review the written decision after it is issued and determine whether an appeal is appropriate, Accuride says.
“While we are disappointed in the ITC determination, I am confident that Accuride has everything it takes to be the premier supplier of wheel-end system solutions to the global commercial vehicle industry,” says Rick Dauch, Accuride president and chief executive officer. “This includes a highly-skilled dedicated work force, superior testing processes and quality standards, and high-quality competitively-priced products. On behalf of all Accuride associates, I would like to express my appreciation to the members of Congress who testified in support of our petition, our customers and all the hard-working men and women of the American steel wheel industry.”