CERTIFICATION
A firm must be certified as eligible by the U. S. Department of Commerce, Trade Adjustment
Assistance Division in order to receive trade assistance. The Southwest TAAC will, at no
cost to the firm, help the firm prepare a petition for certification. To be certified, a
firm must show that competitive imported products have significantly contributed to a
decline in sales and a decline in employment.
DECLINE IN SALES
A decline in sales or production in the most recent 12 months compared to the prior 12
months. If overall declines are not evident, the firm maybe able to demonstrate declines
in one product line if that product accounted for at least 25% of the total sales of the
firm.
DECLINE IN EMPLOYMENT
The separation (or threat of separation) of a significant portion of the firms
workers. An employment decline of 5% or 50 or more employees is considered significant.
OTHER INFOPMATION
The pre-certification process of the Southwest TAAC helps to ensure that the firms
petition will be accepted and certified; however, a firm can withdraw its petition at any
time without prejudice and resubmit it. Once a firm is certified, it has two years to
submit a specific plan describing the project for which it intends to receive cost sharing
benefits.
REQUIRED SUPPORT DOCUMENTATION
The petition will include information about the companys related firms; economic
history; owners and managers; articles produced and sold; sales, production and employment
data. The petition will require support documentation such as financial statements,
federal income tax returns; quarterly employment reports; and enough customer references
who, in the most recent twelve month period, have reduced purchases in favor of imports to
account for 5% of the sales decline.