(WASHINGTON) -- The Commerce Department today imposed a civil penalty of $82,500 on NF&M International Inc. (NF&M), Jericho, NY, a manufacturer of titanium alloy, for allegedly exporting titanium alloy products without the necessary export licenses, Assistant Secretary for Export Enforcement F. Amanda DeBusk announced.
The civil settlement resolves allegations that on 33 separate occasions NF&M exported titanium alloy products to consignees in Australia, Austria, England, Germany, and Israel, without obtaining the required export licenses. These products are controlled for export for foreign policy reasons. The alleged export violations occurred during the period of September 1991 through August 11, 1993.
NF&M settled with the Commerce Department's Bureau of Export Administration (BXA) and was assessed a civil penalty of $82,500. The Department agreed to suspend payment of $42,500 for one year and then to waive that payment provided NF&M complies with export control regulations.
The Bureau of Export Administration controls and licenses exports and reexports of dual-use commodities, technology and software for reasons of national security, foreign policy, nonproliferation and short supply.
In April of 2002 the Bureau of Export Administration (BXA) changed its name to the Bureau of Industry and Security(BIS). For historical purposes we have not changed the references to BXA in the legacy documents found in the Archived Press and Public Information.