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FACT SHEET

August 7, 2000

ANTIDUMPING DUTY INVESTIGATION OF NOTE COUNTERS FROM THE PEOPLE'S REPUBLIC OF CHINA,THE REPUBLIC OF KOREA AND THE UNITED KINGDOM

On Monday, August 7, 2000, the Department of Commerce ("DOC") announced the initiation of an antidumping duty investigation of Desktop Note Counters and Scanners from the People's Republic of China, the Republic of Korea and the United Kingdom.

PETITIONER

The petitioner in these investigations is Cummins-Allison Corporation.

PRODUCT DESCRIPTION

The products covered by these investigations are commonly referred to as desktop note counters ("counters") and desktop note scanners ("scanners"), whether assembled, partially assembled or unassembled, with or without operation-enabling software loaded. Counters and scanners are document handling machines that employ an electro-mechanical processing mechanism to accurately count currency bills, bank notes, coupons, script, or other value-based paper documents and to stack them in an organized fashion. Both counters and scanners can incorporate a sensor device for detecting suspect (i.e., counterfeit) documents. Scanners have additional sensors, or scanning devices, that enable the machines to distinguish documents by denomination. The counters and scanners subject to these investigations are portable and typically weigh less than 100 pounds. The technical language describing the scope of the investigation will be included in the notice of initiation which will be published in the Federal Register.

CASE CALENDAR

Petition filed: July 17, 2000Petition Supplements filed: July 26 and 28, 2000 and August 2, 2000DOC initiation: August 7, 2000 ITC preliminary injury determination: August 31, 2000DOC preliminary determination: December 26, 2000DOC final determination (statutory): March 9, 2001ITC final determination (estimated): April 23, 2001Order, if final is affirmative (estimated): April 30, 2001

If the DOC makes an affirmative final determination, the International Trade Commission must make a final injury determination within 45 days. If that determination is affirmative, the DOC will issue an antidumping duty order.

ALLEGED MARGIN PERCENTAGES
(as amended by the petitioner and DOC):

Republic of China: 66.44 to 354.34 percent

Republic of Korea: 0 to 66.43 percent

United Kingdom: 35.93 to 173.14 percent


VOLUME AND VALUE OF IMPORTS:


Year PRC Korea UK Units/US$ Units/US$ Units/US$
1996

1,000 / $650,000

0 / $0

0 / $0
1997 1,000 / $650,000 0 / $0 10,000 / $6,500,000
1998 1,000 / $650,000 5,000 / $3,250,000 10,000 / $8,000,000
1999 3,000 / $1,950,000 7,000 / $4,550,000 10,430 / $8,279,500
January to April 2000 1,333 / $866,667 4,356 / 2,831,400 1,348 / $1,149,000


Source: Petition Exhibit 8


 

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