Feds’ ruling helps local saw maker Diamond Products
Chronicle Telegram – The jobs of about 300 employees at Diamond Products got a little safer following a U.S. Department of Commerce ruling that the company, which makes diamond saw blades, faced unfair competition from under-priced imports from China.
The ruling upholds a preliminary determination on June 30 that requires a company called Heibe Jkai to pay anti-dumping duty deposits.
The Chinese company will still be able to sell tools in the United States, but the duty payments hopefully will level the field for the Elyria-based company, which manufactures diamond saws for cutting concrete, said Andy Jedick, vice president and general manager.
The ruling was hailed by the offices of U.S. Sens. Sherrod Brown, D-Avon, and Rob Portman, R-Cincinnati, who had worked on the issue.
