The Federal Aviation Administration estimated that over a half million airplane parts installed each year are counterfeit. A BusinessWeek investigation found that bogus airplane parts played a role in at least 166 U.S.-based incidents and malfunctions during a recent 20-year period. Counterfeit, defective airplane parts and computer components are even making their way into U.S. warplanes and ships.
The Federal Trade Commission estimated years back that counterfeiting costs the global auto industry $12 billion - $3 billion alone in the U.S. It is the consensus of aftermarket parts manufacturers that those estimates are far too conservative today. And that doesn't include the health and safety ramifications of fake or faulty items such as auto glass, brakes, tires, suspension and coupling mechanisms, and even seat belts.
These examples are just a piece of the entire counterfeiting epidemic. The U. S. Chamber of Commerce estimates that counterfeiting costs U.S. businesses $200 billion to $250 billion annually, and counterfeit merchandise is directly responsible for the loss of more than 750,000 American jobs.
TruTag™ microtags can be applied to a range of industrial applications: from tagging and tracking airplane, automobile, and electronic parts, to incorporation into security fibers useful for currency, documents, and textiles, to forensic marking of chemicals and raw ingredients.
Tag attachment methods can be customized to meet a wide range of needs. TruTag™ microtags can be used in or on a product, package, label, or document. They can be applied via sprays, coatings, inks, varnishes, or as part of laminate. And given their high temperature resistance up to 1600°C, they can be integrated at a number of manufacturing stages. Contact us to discuss the possibilities.
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