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(AMM) Amsted wins ITC exclusion order on Chinese railway wheels
February 23, 2010 - 16:08 GMT
Location:
CHICAGO
KEYWORDS:
ITC
,
International Trade Commissio
,
China
,
cast steel railway wheels
,
Amsted Industries
Following a 17-month investigation, the U.S. International Trade Commission (ITC) has issued a limited exclusion order and cease-and-desist orders against Chinese exporters and American importers of certain cast steel railway wheels on the basis that trade secrets were stolen from Amsted Industries Inc.
"We welcome fair competition, but when someone takes our people, steals our proprietary intellectual property and sets their sights on competing against us with our technology," it is not fair, Stephen R. Smith, Amsted's vice president, general counsel and secretary, told AMM Tuesday. "That's how the ITC saw it as well. The decision speaks for itself (and) the exclusion order should serve its purpose."
Smith alleged that Chinese producers stole trade secrets by...
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Euromoney Institutional Investor PLC.
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