Marshfield company fights predatory pricing

MGN Online
By  | 

MARSHFIELD, Wis. (AP) -- A Marshfield-based producer of stainless steel piping products and fabricated piping systems is asking the federal government to help stop predatory pricing practices from other countries.

The News-Herald Media reports Felker Bros. Corp. has petitioned the federal government for relief from predatory pricing practices, asking the government to impose a duty on guilty companies.

Felker and other petitioners allege welded stainless pressure pipe imported from Malaysia, Thailand and Vietnam and sold for less than the cost of the products has taken a quarter of the U.S. market in the past two years.

Company President Dave Hendrickson says it's a common practice.

Felker Bros. petitioned for antidumping relief from unfair trading practices by Chinese stainless steel pipe importers in 2009 and won, which improved sales until about 2012.



 
Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus