Verity International Ltd. has executed a Monumental Strategic Partnership Agreement with China-based EPEM Electronic Technology Co., Ltd, (EPEM). EPEM is a subsidiary of the Chinese Government Commercial Network Construction and Development Center.
This Agreement is exclusive for verification and validation services for the official “Made in China Certified” claim to increase the perceived quality and brand of Chinese products in the international market.
Included in this agreement VERITY has an exclusive provision to provide all Country of Origin COOL verification and validation services regarding imports into China with “Made in USA and Product of USA Certified” claims, to help balance out and provide transparency for the U.S. | China Tradedeficit and all COOL claims examples: Made in Canada, Made in Australia, Made in Italy and many more, for import into the Chinese market to provide product transparency using Internet of Things (IoT), Blockchain and Artificial Intelligence (AI).
With state officials eyeing $56 billion of wind farm projects off the American coastline, developers are worried the turbines will need to be stamped with a big “Made in the U.S.A.”
Each structure is enormous — almost half the height of the Empire State Building. Most all of them are constructed in Europe, at least for now. As states in the U.S. Northeast jump into wind power, they’re betting they can create their own windmill industry. It’ll be a costly but perhaps necessary move, especially as President Donald Trump pushes for more factory jobs and picks fights with those making parts abroad.
“There’s no way of hiding that every single state, be it here in the U.S. or be it countries in Europe, are insisting on everything sort of being local,” said Henrik Poulsen, CEO of Orsted A/S, the Danish company that is the world’s largest offshore-wind developer. “It is an equation that’s very difficult to solve without the whole technology becoming much more expensive.”
The Federal Trade Commission (“FTC”) has continued to aggressively prosecute advertisers for making “Made in USA” claims that the FTC believes are deceptive. Since President Trump’s inauguration, the FTC has entered into at least three settlement agreements with advertisers involving “Made in USA” claims and has issued closing letters in at least 20 other cases. In order to make an unqualified “Made in USA” claim about a product, the FTC requires that the advertiser substantiate that the product was “all or virtually all” made in the United States.
In the FTC’s case against iSpring Water Systems, LLC, a Georgia-based distributor of water filtration systems, the FTC alleged that iSpring made unqualified claims that its products were made in the United States, despite the fact that its products were wholly imported or had a significant amount of foreign inputs.
The second FTC case involved Block Division, Inc., a Texas-based distributor of pulley block systems. Here, the FTC alleged that Block Division’s pulleys featured imported steel plates that were stamped “Made in USA” prior to the plates’ entry into the United States.
In its third and most recent case, the FTC alleged that Bollman Hat Company and its wholly owned subsidiary SaveAnAmericanJob, LLC (“Bollman”) misled consumers about whether their products were manufactured in the United States. Specifically, the FTC alleged that Bollman marketed hats with statements such as “Made in USA since 1868,” and “#buyamerican.” Despite these claims, the FTC alleged that more than 70% of the hat styles sold by Respondents were wholly imported as finished products. The FTC also alleged that Bollman licensed its “American Made Matters” seal to other companies for use in connection with the marketing of their own products without doing sufficient due diligence to ensure that the products were, in fact, made in the United States. The FTC alleged that Bollman only required that third parties who wished to use the American Made Matters seal self-certify that at least 50% of the cost of at least one of its products was incurred in the United States, with final assembly or transformation in the United States.
These cases – and the twenty other investigations that resulted in closing letters – are an important reminder that advertisers should exercise caution to ensure that their “Made in USA” claims comply with FTC standards.
Protect your Marijuana Strain and Brand using Blockchain and (UPC) Universal Product Code.
With Marijuana listed as a Schedule 1 drug in the United States, business owners and growers face strict Federal restrictions. These governmental commerce restrictions pose issues to brand owners and growers wishing to protect their personal Marijuana brands (strains) with trademarks Albeit, some states have begun adopting their own policies regarding Marijuana commerce and trade, the United States Patent and Trade Office (USPTO) presumes ultimate control in distributing trademarks and brand protection. A trademark is a word, phrase, symbol, or design, or combination of words, phrases, symbols, or designs, that identifies and distinguishes the source of goods of one party from those of others1. Ultimately, a trademark offers an incredible value-add to brand owners using a brand name that is recognized by consumers which therefore drives customers to their business. Business owners/growers seeking to protect their personalized crops or bring legitimacy to commonly known strains face issues in providing customers with strain and crop assurance due to these strict regulations on Marijuana commerce.Continue reading “Protect your Marijuana Strain and Brand using Blockchain and (UPC) Universal Product Code.”→
NOVEMBER 15, 2017 Individual agency compliance plans must be submitted to the Director of the Office and Management and Budget (OMB) and Secretary of Commerce due today for the Buy America Act.
April 18, 2017, President Trump signed the Buy American and Hire American Executive Order #13788 to reduce Federal waiver applications, support the US economy, and hold government agencies responsible for initiatives regarding procuring Made in USA goods. This executive order reinforces the 1933 Buy American Act which was enacted to protect America’s interest by requiring government agencies to prefer Made in USA goods, products, and vendors for government procurements.
Timeline- for Buy America Act
The General Services Administration (GSA), which oversees $66 billion in annual government procurement, will be accountable for securing Made in USA goods and products for their scheduled procurements. Additionally, the GSA will have to provide annual implementation reports to the Secretary of Commerce and the Director of the Office of Management and Budget (OMB) regarding ‘Buy American’ initiatives starting this November of 2017. The Secretary of Commerce must submit these November reports to President Trump annually every January starting in 2019.
SageGlass invented dynamic glass—“tint on demand” windows that use special coatings and low voltages of electricity to filter out varying degrees of light. The small company started in 1989 in New York, but eventually moved to Faribault, Minnesota, 50 miles south of Minneapolis, because the area was developing a reputation for its innovation in window manufacturing.
Then in 2012, French building materials manufacturer Saint-Gobain acquired SageGlass. Although the unmet demand for dynamic glass was mainly in Europe, Saint-Gobain chose to keep production in Minnesota, build a new plant there, and convert the old plant to a research and development facility. The new facility can coat panes of glass that are more than twice the size of the old ones.
David Pender, director of operations at SageGlass (who previously spent 11 years in Germany working for Saint Gobain), talked about the challenges and advantages of keeping SageGlass’s manufacturing and R&D in the United States:
Challenge: Europe has the most growth potential, but our manufacturing facility is in the U.S.
Western Europe is a little further along than the U.S. in building codes. What’s considered extremely exotic here … is considered almost normal in Europe. Getting the supply chain right to be able to produce everything from what’s acceptable in the U.S. to what’s expected in Europe poses a certain amount of challenge. We’ve got to be sourcing some things from Europe, to make the products here and then shift them back to Europe. That doesn’t make too much sense at the moment, but we are trying to grow this market worldwide. Europe is growing very, very quickly because the Saint-Gobain name in Europe is a big plus.
Advantage: The highest demand for the product is still in the U.S.
Overall, we’re on a three to four times year-over-year expansion. So this year we’ll produce three to four times what we did in 2016. Which is a phenomenal growth rate, and that’s set to continue as we grow in the Europe, in the U.S. and the Middle East. We just got our first really big job in China. In the future, this facility will get to capacity and just produce in North America, and there will probably be another facility doing something similar in Europe—and who knows how that will do going forward.
President Donald Trump’s proposed border tax on products made outside of the United States but intended for American customers poses a major problem for many companies that rely on imports.
Apple Inc.AAPL investors have reason to be concerned over Trump’s proposal, but perhaps they shouldn’t be as there may be an easy solution.
Brian White, an analyst with Drexel Hamilton, was a guest on CNBC’s “Squawk Box” segment on Thursday and offered his solution. Specifically, the analyst noted that there will be a lot of pressure among American companies to bring manufacturing jobs back to the United States, and Apple could take advantage of this by selling a “Made in America” special-edition iPhone at a $100 to $200 premium.
Doing so would also alleviate some of the financial pressure associated with moving some of the production of Apple’s devices back to the States.
“If I where Apple that’s what I would do,” he continued. “I would make an entire marketing campaign — you can actually boost your margins if you did that.”
White also believes Apple should also take advantage of another Trump proposal of making it more lucrative than before to repatriate overseas cash. Apple’s cash hoard stands at more than $200 billion, and this could be used to fund domestic manufacturing and even boost the per share dividend.