For Immediate Release: June 28, 2004
Contact - BIS Public Affairs 202-482-2721
The U.S. Department of Commerce today announced that Kennametal Inc. (Kennametal) of Latrobe, Pennsylvania, agreed to pay a $262,500 civil penalty to settle charges that it exported nickel powder to numerous countries in violation of the Export Administration Regulations (EAR).
The Commerce Department’s Bureau of Industry and Security charged that, between August 1998 and April 2003, Kennametal committed 75 violations of the EAR, including exports of nickel powder to Chile, Peru, Taiwan, and Israel without the required export licences. Kennametal also was charged with providing false or misleading representations on export documentation and failing to comply with reporting and record keeping requirements. Kennametal voluntarily self-disclosed the violations and cooperated fully with the investigation.
Assistant Secretary for Export Enforcement Julie L. Myers commended Assistant Special Agent in Charge Jonathan Carson of BIS’s New York Field Office for its efforts in the investigation.