ARIpresident William G. Sutton, recently stated that President Bush's decision to rescind the tariffs on steel is a "clear victory for consumers and the manufacturers of heating, ventilation, refrigeration and air conditioning equipment for whom steel is a vital and fundamental component."

"ARI and its members made a strong case for repeal and the facts proved overwhelming, especially as industry after industry joined us in making the argument that each day that we pay extra for steel means more jobs shifted to Asia," said Sutton whose trade association represents manufacturers of more than 90 percent of the North American produced central air conditioners and commercial refrigeration equipment.