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Davelift,
1. Yes, Doosan has US employees in the US & I am not 100% certain but I believe they are "distributors" of Korean made products. The Japanese started building units in the US in the early 90's because of an anti dumping suit
2. But a 16,000kg pneumatic is 100% built in Korea. Hoist is built in the US.
3. As stated in the article the buy American act gives the US built units get extra discount points than off shore built units. If the owner of Hoist was a female, native American they would get further discount points but the owner isn't. The article further states that our "typical" lax government servants "turned the cheek" on the buy American policy. Hoist got the right people involved & pushed the matter, made the feds work & won. Bravo for them.
  • Posted 28 Oct 2011 06:16
  • By johnr_j
  • joined 3 Jun'06 - 1,452 messages
  • Georgia, United States
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The dot-com bubble, a period of large and rapid investments in internet-based companies, peaked in 2000 and saw the Nasdaq Composite index rise by 579%. Then the bubble imploded. As the value of tech stocks plummeted, cash-strapped internet start-ups became worthless and collapsed.