DEPARTMENT OF LABOR

Employment and Training Administration

TA-W-41,666

PSM FASTENER CORPORATION
ST. LOUIS, MISSOURI

Certification Regarding Eligibility
To Apply for Worker Adjustment Assistance

In accordance with Section 223 of the Trade Act of 1974 (19
USC 2273) as amended by the Omnibus Trade and Competitiveness Act
of 1988 (P. L. 100-418), the Department of Labor herein presents
the results of an investigation regarding certification of eligi-
bility to apply for worker adjustment assistance.
In order to make an affirmative determination and issue a
certification of eligibility to apply for adjustment assistance
each of the group eligibility requirements of Section 222 of the
Act must be met. It is determined in this case that all of the
requirements have been met.
The investigation was initiated in response to a petition
received on June 17, 2002, and filed on behalf of workers at PSM
Fastener Corporation, St. Louis, Missouri. The workers produce
metal inserts for molded plastics.
Production, sales, and employment at the subject plant
declined in 2001 as compared with 2000, and also declined during
the period of January-April 2002 as compared with the same period
in 2001.
The investigation also revealed that the subject firm
increased imports of metal inserts in the above relevant periods
contributing to separations at the Saint Louis facility.
Conclusion
After careful review of the facts obtained in the
investigation, I conclude that increases of imports of articles
like or directly competitive with those produced at PSM Fastener
Corporation, St. Louis, Missouri contributed importantly to the
decline in sales or production and to the total or partial
separation of workers of that firm. In accordance with the
provisions of the Act, I make the following certification:
"All workers of PSM Fastener Corporation, St. Louis, Missouri,
who became totally or partially separated from employment on
or after May 24, 2001, through two years from the date of
certification are eligible to apply for adjustment assistance
under Section 223 of the Trade Act of 1974."
Signed in Washington, D. C. this 28th day of August 2002

/s/ Richard Church

_______________________________
RICHARD CHURCH
Certifying Officer, Division of
Trade Adjustment Assistance