Encore Wire Welcomes Successful Completion of Trade Remedy Case Against Imports of Aluminum Wire and Cable From China

Encore Wire Corporation (NASDAQ Global Select: WIRE) today commented on the unanimous final affirmative vote of the U.S. International Trade Commission (ITC) in the ongoing antidumping (AD) and countervailing duty (CVD) investigations of Aluminum Wire and Cable from China. “We are pleased that the ITC has unanimously confirmed our claims that imports of aluminum wire from China were being illegally subsidized and dumped into the U.S. market, and were undermining our investments in aluminum wire production, which is an important complement to our copper building wire business. This final vote marks the successful completion of a case that the U.S. Government initiated in October 2018,” said Daniel Jones, Chairman, President, and Chief Executive Officer of Encore Wire Corporation. As a result of the ITC’s final affirmative decision, U.S. importers of aluminum wire and cable from China will be required to pay antidumping duties at rates ranging from 47.83 percent to 52.79 percent, plus countervailing duties at rates ranging from 33.44 percent to 165.63 percent, depending upon the Chinese exporter/supplier. The Commerce Department is scheduled to publish its final AD and CVD orders...

ALMOST a decade after it set the bar for compact crossovers through its distinctive personality and

ALMOST a decade after it set the bar for compact crossovers through its distinctive personality and emphasis on fun, the next generation Nissan JUKE is set to arrive to reinvent the segment once again. The Japanese car maker has worked hard to deliver new levels of performance and technology, within a striking yet roomier coupe crossover body, all bundled up in a package that is larger than ever before. The next generation JUKE features Nissan’s Intelligent Mobility system, and ProPILOT, which adds in-car WiFi, over the air software updates and smart phone connectivity, including Apple CarPlay and Android Auto, and TomTom mapping. Safety technology gets a big lift too, with intelligent emergency braking with pedestrian and cyclist recognition, traffic sign recognition, intelligent lane intervention, rear cross traffic alert and blind spot intervention. The new JUKE also features a more athletic stance, 19-inch alloy wheels and a coupe style ‘floating roof’ design, while full LED lighting is now standard. The latest version of the JUKE also retains its iconic circular headlamps. These now form part of a new Y-shaped signature which complements Nissan’s V-Motion grille, while an ...