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...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.