The U.S. Government released the trade data for January 2011 today, so this is the first time we’ve been able to see the actual costs of GSP expiration. The number isn’t pretty: $54.4 million in tariffs paid on about $1.5 billion worth of (previously) GSP-eligible products. How does this affect American companies, or as we.....
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Written on February 28, 2011 in
Alabama
A New Jersey-based company (that wishes to remain anonymous) recently told me why GSP’s expiration is particularly harmful to their business. The company provides goods and services to hundreds of municipal water and sewer boards around the country, including those in New York, Los Angeles, Houston, and Miami. Since its clients ar...
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Written on February 10, 2011 in
Brazil
Socotherm LaBarge, a joint venture formed in 2007 between (Argentinian) Socotherm Americas and (American) LaBarge Coating, provides custom coating for steel pipes used by the energy industry. The company’s state-of-the-art facility in Channelview, Texas can handle pipes up to 4′ in diameter and 83′ long – while its pri...
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