15 U.S.C. § 5401 : US Code - Section 5401: Findings

Search 15 U.S.C. § 5401 : US Code - Section 5401: Findings

The Congress finds that -
(1) the United States fastener industry is a significant
contributor to the global economy, employing thousands of workers
in hundreds of communities;
(2) the American economy uses billions of fasteners each year;
(3) state-of-the-art manufacturing and improved quality
assurance systems have dramatically improved fastener quality, so
virtually all fasteners sold in commerce meet or exceed the
consensus standards for the uses to which they are applied;
(4) a small number of mismarked, misrepresented, and
counterfeit fasteners do enter commerce in the United States; and
(5) multiple criteria for the identification of fasteners
exist, including grade identification markings and manufacturer's
insignia, to enable purchasers and users of fasteners to
accurately evaluate the characteristics of individual fasteners.