Lab Device Co. Fined Over Furnace Export To India

Law360, New York (July 20, 2010, 12:38 PM EDT) -- Chemistry lab equipment provider MTI Corp. has agreed to pay $20,000 to settle allegations that it attempted to export a furnace to India without obtaining the requisite license from the U.S. Department of Commerce.

Commerce's Bureau of Industry and Security posted a copy of the June 30 settlement agreement on its website Monday.

According to the agreement, MTI violated the Export Administration Regulations in September 2008 when it attempted to export a bench-top muffle furnace from the U.S. to India's Solid State Physics Laboratory without the...
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