Encore Wire Welcomes Commerce Department Antidumping Ruling
Encore Wire Corporation (WIRE)
Last encore wire corporation earnings: 4/28 05:05 pm
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US:NASDAQ Investor Relations:
encorewire.com/investors
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Source: Business Wire
MCKINNEY, Texas--(BUSINESS WIRE)-- Encore Wire Corporation (NASDAQ Global Select: WIRE) today commented on the U.S. Commerce Department’s preliminary affirmative determination in its antidumping (AD) investigation of Aluminum Wire and Cable from China. “Today the U.S. Commerce Department issued a preliminary ruling that Chinese aluminum building wire producers have been illegally dumping their product in the United States. Encore welcomes this development and will continue to support the U.S. Government’s antidumping and countervailing duty (CVD) investigations because we believe that these illegal trade practices have undermined our investments in aluminum wire production, which is an important complement to our market-leading copper building wire business,” said Daniel Jones, Chairman, President, and Chief Executive Officer of Encore Wire Corporation. As a result of the Commerce Department’s de
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