University of Michigan Business School - Entertainment, Media & Sports
Club
Getting
Started
The
Process
About
A firm must first be certified as "trade
impacted" by the U.S. Department of Commerce, before it can
receive assistance from Great Lakes TAAC.
Our Outreach Team makes applying for certification
as easy as possible. We prepare and submit the documents and there
is no fee for any part of the application process.
Eligibility Requirements:
Must be a manufacturer with wholly owned subsidiary status in Michigan,
Indiana or Ohio and have been in business at least two years.
As evidence of distress caused by imports,
the US Department of Commerce requires:
A 5% decline in sales dollars or production
units in the past 12 months when compared with the preceding 12
months. Alternatively, a firm can show a sales decline for a period
of less than 12 months, but at least 6 months, compared to the
same period a year prior.
A loss of 5% (or 50 employees if a very
large firm) of its work force during the same time period used
for the sales decline.
Some customers of the manufacturer are
purchasing imported products in direct replacement of products
produced by the firm, and the customers are willing to state this
to the Great Lakes TAA Center staff.
U. S. Department of Commerce import statistics
support the claim that the importation of this product has increased
during the past year. (The Trade Adjustment Assistance Center
will determine this.)
Data needed from the company:
Sales by month for last 30 months
Employee headcount by month for last 30
months from your state unemployment insurance quarterly reports, which
should also be included (only the summary page, which lists headcount
by month, is needed from each report)
Customer information - 4 major customers
with contact info and sales volumes for each of the last 2 years
GLTAAC must contact 3; time period for sales data will need
to be the same as the period used for the sales and employee info
in the Petition
Financials for the last 2 FYs and most
recent interims available income statements and balance sheets - from accountant for
FY; internals for interim
Descriptive summary info about the firm ownership, managers and directors, products and markets, plant
locations, related firms, recent changes
GLTAAC staff is adept at helping impacted
companies identify their qualification "path" amongst
the variety of eligibility options. Contact us today to discuss
your firm's situation: toll free at 1-877-877-5439 or gltaac@umich.edu.
GLTAAC assures that all information will
be treated with the strictest confidentiality and according to federal
guidelines for confidential business information. All proprietary
and financial information is exempt from the Freedom of Information
Act.