A North Carolina manufacturer that traces its origins back to the Wright brothers may have violated sanctions by doing business with two longtime customers purchased by a blacklisted Russian company.
Curtiss-Wright Corp. disclosed the potential violation in an Aug. 19 filing with the Securities and Exchange Commission (SEC). The company indicated in the filing that earlier this year it had voluntarily disclosed the potential violation to the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC).
