Forget the notion of counterfeit products being cheaply-made versions of designer bags, watches and sunglasses. Today’s counterfeiters know that the real money is in infiltrating the global supply chain with component products integral to manufacturers and end users, products most people wouldn’t even consider to be attractive to counterfeiters.
(1 votes, average: 5.00 out of 5)Our industry is experiencing a challenge that jeopardizes safety: growth of counterfeit products. Worldwide, counterfeiting is estimated to be 5 to 7 percent of world trade or about $600 billion each year. In the United States alone, that figure is $200–$250 million.
(No Ratings Yet)Washington, DC, August 23, 2010: The American National Standards Institute (ANSI) is pleased to announce that registration is open for its upcoming anti-counterfeiting conference, Crossing Borders and Sectors: Exploring Robust Anti-Counterfeiting Solutions.
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Tony Ballew, 44, father of Amanda and Amy, husband to Alice, died when he was working on an extrusion machine at an industrial packaging plant, February 19, 2010, in Wilson, North Carolina. Tony was well-known in his community and well-loved by his family and friends. Did you know Tony? The local news in Wilson, North [...]
(1 votes, average: 4.00 out of 5)Executive Summary: Manufacturers, distributors, and electrical contractors build enduring relationships by supplying quality, dependable electrical products that they are all prepared to stand behind. The introduction of counterfeit electrical products into the marketplace alters that relationship substantially. It places the distributor or contractor in a risky legal position that could leave the distributor or contractor [...]
(No Ratings Yet)U.S. Attorney Michael Shelby announced on February 16, 2005, that Zheng Xiao Yi, a citizen of the Peoples Republic of China who owned and operated an import and wholesale business in the Harwin Drive area of Houston, has been sentenced to more than five years in federal prison for trafficking in counterfeit goods. At a [...]
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The counterfeiting of money is one of the oldest crimes in history. At some periods in early history, it was even considered treasonous and was punishable by death. During the American Revolution, the British counterfeited U.S. currency in such large quantities that the Continental currency soon became worthless. “Not worth a Continental” became a popular [...]
(No Ratings Yet)Counterfeit products can be found anywhere in today’s market. From t-shirts to sunglasses to circuit breakers to autos, no industry is safe from products bearing counterfeit logos and trademarks invading the shelves of retailers, wholesalers and distributors. Counterfeit products and intellectual property piracy is a growing problem that has been linked to organized crime and [...]
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IAEI, as the keystone of the electrical industry, is a membership driven, non-profit association promoting electrical safety throughout the industry by providing premier education, certification of inspectors, advocacy, partnerships and expert leadership in Electrical Codes and Standards development.
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