Arrests at Horkos, as Japan looks to toughen machine-export regs.

Metalworking Insiders' Report | May 15, 2009 | Copyright

Seven months after they initially raided offices of machine-tool builder Horkos, on charges of having illegally exported high-precision machining centers, Japanese police arrested four people. The personnel allegedly supplied six units to an undisclosed car-parts manufacturer in South Korea in November 2004. Again in September 2006, they allegedly delivered 10 MCs to an unnamed auto-parts maker in China.

Technically the four workers at second-tier manufacturer Horkos Corp. (Fukuyama, Hiroshima Prefecture, Japan) were charged with having violated the Foreign Exchange ...

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