Press Release

FOR IMMEDIATE RELEASE - February 10, 2004

Contact:
Travis Larkin, National Shrimp Industry Association, 305-860-6747

NATIONAL SHRIMP INDUSTRY ASSOCIATION PLEDGES SUPPORT TO ASDA IN FIGHT AGAINST ANTIDUMPING SUIT

February 10, 2004-Vowing to give voice to the thousands of domestic seafood processors and importers who will be affected by the antidumping action filed by the Southern Shrimp Alliance (SSA), the National Shrimp Industry Association (NSIA) today announced financial support to the American Seafood Distributors Association (ASDA).
The NSIA, founded in 1957, and ASDA both represent "the other domestic industry" of companies including major processors, importers, and others working to keep the domestic shrimpers in business. Leaders of the NSIA are very concerned by the impact this suit will have on its members and are lending its support to ASDA to address the problems facing the domestic harvesting and processing sector.
"One message that seems to get lost in this case is that there is another domestic industry that will be deeply affected by this case," said Travis Larkin, NSIA president. "In short, the livelihoods of all our members - domestic processors, importers, and many others - are at stake in this case, since our members work to keep plants open and families employed. Member companies of NSIA include five of the largest seafood processors in the United States. They alone generate enormous economic activity - several hundred million dollars - for this country and provide employment to thousands of families.
"It used to be easy to classify a company as 'domestic' or 'importer' or 'processor,' but we would be hard pressed to shoe-horn any company into one category today," Larkin remarked. "Recognizing the unique dynamic of our global industry, we have enjoyed a strong relationship with the American Shrimp Processors Association (ASPA) for many years. In fact, many NSIA member companies provide imported shrimp to ASPA and SSA member companies during the off-season to keep plants open and families employed. Accordingly, we understand the issues of this case, and feel strongly that we should strive for solutions through joint efforts, not costly and damaging trade action.
"Collectively, members of the National Shrimp Industry Association and ASDA generate an estimated $9.8 billion in economic benefit to the American economy and provide direct and indirect employment of more than 100,000 jobs that all will be affected by this case," Larkin continued. "By pledging our support to ASDA, we are hoping to find real, workable solutions and ultimately prevail to save jobs."
"We are extremely pleased that the National Shrimp Industry Association is lending its support to ASDA as we fight this antidumping action," said Wally Stevens, president of ASDA. "From the beginning, we have argued that the best way to address the problems facing the domestic harvesting and processing sector is for them to come face to face with the domestic distribution sector and work together toward a common goal of having a healthy industry. With support from allies such as the National Shrimp Industry Association, we are confident that we will ultimately prevail and bring unity to the industry through real solutions, gained by real dialogue."

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