CSS Industries, Inc. Announces Successful Outcome of Trade Remedy Cases

PLYMOUTH MEETING, Pa.--(BUSINESS WIRE)--CSS Industries, Inc. (NYSE: CSS) today announced the successful outcome of its trade remedy cases on plastic decorative ribbon from China. In a unanimous 5-0 vote, the U.S. International Trade Commission (“ITC”) found that U.S. producers of plastic decorative ribbon have been materially injured by unfairly traded imports of plastic decorative ribbon from China. As a result, trade remedies, in the form of antidumping (“AD”) and countervailing (“CV”) duties, will be imposed on imports of plastic decorative ribbon from China at combined AD and CV duty rates ranging from 70.36% to 386.19%.