{"id":4485,"date":"2016-07-22T18:03:47","date_gmt":"2016-07-22T23:03:47","guid":{"rendered":"http:\/\/supfrt.com\/news\/?p=4485"},"modified":"2016-07-22T18:03:47","modified_gmt":"2016-07-22T23:03:47","slug":"michigan-company-to-pay-penalty-of-575000-for-illegal-exports-to-china","status":"publish","type":"post","link":"http:\/\/supfrt.com\/news\/2016\/07\/22\/michigan-company-to-pay-penalty-of-575000-for-illegal-exports-to-china\/","title":{"rendered":"Michigan Company Fined $575,000 for Illegal Exports to China"},"content":{"rendered":"<p><a href=\"http:\/\/supfrt.com\/news\/wp-content\/uploads\/2013\/08\/BIS-Logo-e1462909446747.png\" rel=\"attachment wp-att-1656\"><img decoding=\"async\" loading=\"lazy\" class=\"alignright size-full wp-image-1656\" src=\"http:\/\/supfrt.com\/news\/wp-content\/uploads\/2013\/08\/BIS-Logo-e1462909446747.png\" alt=\"BIS-Logo\" width=\"300\" height=\"300\" \/><\/a>Michigan Company to pay penalty of $575,000 for Illegal Exports to China<\/p>\n<p>The BIS (Bureau of Industry and Security) has issued an order fining Weiss Envirotronics, Inc. of Grand Rapids, MI -$575,000 to settle charges that\u00a0on 20 occasions over three years the company exported items controlled for missile technology reasons to China without the required licenses. However, the BIS agreed that\u00a0$400,000 (of the $575,000) will be suspended for 2 years and thereafter waived if the company commits no further export violations during that time.<\/p>\n<p>In addition, Weiss Electronics has\u00a0agreed to complete two audits of its export controls compliance program, at least one of which must be conducted by an unaffiliated third party consultant with expertise in U.S. export control laws.<\/p>\n<p>If the company fails to make full and timely payment of the civil penalty or to complete the audits, BIS may suspend its export privileges for one year.<\/p>\n<p>To read the entire <a href=\"https:\/\/efoia.bis.doc.gov\/index.php\/component\/docman\/doc_download\/1061-e2459?Itemid=\">order<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Michigan Company to pay penalty of $575,000 for Illegal Exports to China The BIS (Bureau of Industry and Security) has issued an order fining Weiss Envirotronics, Inc. of Grand Rapids, MI -$575,000 to settle charges that\u00a0on 20 occasions over three years the company exported items controlled for missile technology reasons to China without the required [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1656,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_s2mail":"yes","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"categories":[6,17,70],"tags":[49,50,71],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.0 - 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