Manitowoc Company (MTW) said Thursday it lodged an anti-dumping petition with the US International Trade Commission and the Department of Commerce, alleging dumping by producers of lattice-boom crawler cranes from Japan.
"Our action today clearly indicates that Kobelco's behaviors have harmed our US lattice-boom crawler crane operations," said Chief Executive Officer Aaron Ravenscroft.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.