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CPSC Fines Appliance Maker Over Defect Report Delay

By Sindhu Sundar (July 8, 2014, 4:09 PM EDT) -- Ohio-based cleaning appliance company HMI Industries Inc. has agreed to pay a $725,000 civil penalty to the U.S. Consumer Product Safety Commission because of an alleged defect in its floor cleaners that can cause them to overheat and pose a burn hazard....

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