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Haas Automation fined $2.5 million by US for illicit shipments to Russia, China

( January 17, 2025, 22:51 GMT | Official Statement) -- MLex Summary: As part of a coordinated effort, the US Commerce Department's Bureau of Industry and Security (BIS) and the Treasury Department's Office of Foreign Assets Control (OFAC) imposed approximately $2.5 million in combined civil penalties against Haas Automation for alleged and apparent violations of US export controls and sanctions laws, including illegal shipments of certain machine parts to blacklisted parties in Russia and China.Statement follows below. Documents attached....

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