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| FOR
IMMEDIATE RELEASE |
Contact: |
Christina
Bucher |
| November 9,
2001 |
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The PBN Company |
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Tel. 202-466-6210 |
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IN 201 REMEDY HEARING, GEORGIA CONGRESSMEN SUPPORT INTERESTS
OF DOWNSTREAM
INDUSTRIES
Washington, DC - The International Trade Commission (ITC) heard yesterday
from Georgia Congressmen Nathan Deal (R-GA) and Johnny Isakson (R-GA)
supporting downstream industries in their state. In addition, The Consuming
Industries Trade Action Coalition (CITAC) provided company testimony in
Thursday's hearing from James O'Donnell of Camcraft in Hanover Park, Illinois.
On behalf of more than 335,000 Georgians employed in steel-using industries,
Congressman Deal testified, "My concern is the sheer complexity and
scope of this case
and decisions that may actually harm a large number
of businesses involved in producing, importing and consuming steel. Many
of these businesses are small but competitive enterprises. They support
jobs and serve other enterprises that are no less important, and often
more important, to the health of the local communities than some of the
firms here seeking import relief." In Representative Deal's district,
steel-using companies employ 28,569 people, while not enough are employed
in steel production for the numbers to be published.
Congressman Isakson concurred, saying, "I urge the Commission to
build into its remedy recommendations, structures and procedures for evaluation
and dealing with situations in which imports are a matter of survival
for U.S. companies, and in which losing access to imports would be unfair,
if not devastating." In the sixth district, there are 609 Georgians
employed in steel-consuming companies for every one employed in steel
production.
"Steel-using manufacturers in Georgia and downstream users around
the country applaud Congressmen Deal and Isakson and appreciate the time
they have taken to participate in this process," said Jon Jenson,
CITAC's Chairman. "The fact is that steel-using companies and their
employees outnumber producers not only in Georgia, but across the country."
Overall, there are 12.8 million steel-consuming jobs in the U.S., 57 times
the number of jobs in steel production.
CITAC also provided company testimony in Thursday's hearings from James
O'Donnell of Camcraft. A manufacturer of precision tuned parts, Camcraft
employs 200 people and sells primarily to large American automotive and
hydraulic customers. "In the last three years, we've purchased about
1500 tons of cold finished bar, on average. Since bar typically constitutes
10 to 40 percent of our costs, an increase in domestic steel costs relative
to global steel prices will reduce our global competitiveness," testified
O'Donnell.
CITAC participated in opening hearings Tuesday, with Chairman Jon Jenson
leading a panel of steel users. Others on Tuesday's panel of consuming
industries opposing restrictions on steel imports included Precision Metalforming
Association and CITAC member William E. Sopko, President and CEO of Stamco
Industries in Euclid, Ohio. Sopko described for the Commissioners how
his company, a family-owned and operated business, would be hurt if the
restrictions proposed by the U.S. integrated producers were implemented.
He said if the price of imported steel goes up, he and his 120 employees
will all be out of business.
Rep. Isakson said of the negative consequences of restrictions like those
described by Sopko, "I don't think the Section 201 was written with
the intent of playing this kind of 'zero sum game' with U.S. companies
and workers."
CITAC is a coalition of companies and organizations committed to promoting
a trade arena where U.S. consuming industries and their workers have access
to global markets for imports that enhance the international competitiveness
of U.S. firms.
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