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After running afoul of export regs, Horkos is slapped with penalties.

Publication: Metalworking Insiders' Report
Publication Date: 20-AUG-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Horkos Corp. (Fukuyama, Hiroshima Prefecture, Japan) has taken punishment from both the Ministry of Economy, Trade and Industry (METI) and Tokyo District Court for its illegal exports of some 650 units of machining center models to South Korea and China (see M.I.R., 5/15/09).



METI forbade the company from exporting...

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