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Parker Files Anti-Dumping Petition PDF Print E-mail
Tuesday, 15 April 2008

Parker Anti Dumping Petition Parker Hannifin Corporation, the global leader in motion and control technologies, recently filed a petition with the U.S. Department of Commerce and the International Trade Commission alleging unfair competition from the dumping of valves used in air conditioning systems by two manufacturers in China.

 

Specifically, the petition alleges that Sanhua group and DunAn group have and continue to sell front-seating service valves for residential air conditioners into the U.S. market at prices below their cost of production in China, an illegal trade practice commonly referred to as "dumping". Parker is petitioning for dumping penalties which will help to restore fair trade in the U.S. market.

By taking this action, Parker has taken a stand against this illegal, detrimental, and unfair practice that has led to lost jobs in the U.S., reveals the company’s press release. Parker, which maintains operations in 43 countries, supports trade between nations and welcomes every opportunity to compete fairly for customers around the world. The company employs more than 57,000 people.




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