Last updated 8:43AM ET
October 20, 2017
WOUB Local News
WOUB Local News
Marietta magnetic firm prevails
(2008-09-02)
(WOUB) - One southeast Ohio manufacturer is celebrating the International Trade Commission's decision in an antidumping case.

Magnum Magnetics Corporation of Marietta was petitioning the commission to uphold duty taxes on raw flexible magnets imported from China and Taiwan at costs less than fair value.

The positive ruling will keep U.S. Commerce Department duties set in July in place.

Magnum says the ruling will level the playing field for U.S. magnetics industry.
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