China Tapered Roller Bearings: Commerce Begins Review of SGBC's New Status as SKF Subsidiary
The Commerce Department will investigate whether merchandise produced and exported by Shanghai General Bearing Company (SGBC) is still not subject to the antidumping duty order on tapered roller bearings from China (A-570-601) following the company’s acquisition by the SKF Group, said the Commerce Department in an initiation of a changed circumstances review. Commerce partially revoked the AD duty order for SGBC in 1997. But a merger with the SKF group in 2012 raises questions about whether the current version of SGBC is the successor-in-interest to the formerly independent entity.
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(Federal Register 06/28/13)