Stanley receives largest amount among 23 companies
HIGH POINT – The U.S. Department of Customs and Border
Protection has disbursed to a group of U.S. furniture manufacturers $21.8 million in duties the government has collected on Chinese-made wood bedroom furniture.
The figure was cited in a 2013 annual report published on the department’s Web site. The report also said the agency was holding another $9.95 million because of pending litigation.
A total of 23 companies that filed a petition supporting an antidumping inquiry into Chinese furniture imports received the payments this year, according to the report. The disbursements are based on the amount of wood bedroom furniture these companies produce in the U.S.
Stanley Furniture received the highest amount at $5.37 million, the report said. In an 8-K form the company filed with securities regulators Tuesday, < ?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />
Other companies receiving more than $1 million each were Vaughan-Bassett Furniture at $3.84 million, Bassett Furniture at $1.54 million, Kincaid Furniture at $1.51 million, American of Martinsville at $1.48 million and Vaughan Furniture at $1.15 million.
Other companies that received a disbursement this year included:
Sandberg Furniture, $953,147
Lea Inds. $902,873
Johnston Tombigbee $811,330
Higdon Furniture, $602,102
L&JG Stickley, $574,808
Perdues Inc., $505,294
Carolina Furniture Works, $503,777
Century Furniture, $374,183
Mobel Inc., $397,040
Michels & Co., $388,767
Moosehead Mfg., $202,589
MJ Wood Products, $180,774
T Copeland & Sons, $176,313
Vermont Quality Wood Products, $160,740
Harden Furniture, $92,411
Tom Seely Furniture, $90,957
Bebe Furniture, $36,899
The disbursement report is the first since last year, when the companies received a combined $144,159.
It was unclear when the litigation involving the remaining $9.95 million available this year might be resolved.
