InvestorsHub Logo
Followers 0
Posts 253
Boards Moderated 0
Alias Born 06/12/2008

Re: tedwitt post# 67928

Friday, 08/01/2008 12:26:24 AM

Friday, August 01, 2008 12:26:24 AM

Post# of 79921
No. What I am saying is that if PBLS is being sued for something minor like equipment failure, It is the manufacturer of the equipment, not the distributer that is responsible. If you buy a printer at a big box store, and it doesnt work, you can take it back within 14 days. Any time after that, you have to take it up with the maker of the product. In this industry, there are ISO industry standards that need to be met. It is not the responsibility of a distributer to enforce such standards.
Although, in the last 5 or 10 years, in an increasingly competitive market, many distributers have taken it upon themselves to add "value added" services that would include double checking tolerances of this equipment. Petty lawsuits arise since the distributors lack ISO certifications.
Manufacturers like Timken, SKF, FAG, Ingersoll-Rand, the former Torrington company, caterpillar etc, could have legal wranglings over the legalities of a distributor stepping in and withholding equipment to an end-user without having ISO certifications.
This development has caused alot of problems between manufacturers and end users of this equipment.



Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.