Symbolic destruction of counterfeit bearings to increases knowledge and awareness about the counterfeit – but still many misconceptions

Schweinfurt, June 11, 2018. The nation-branding initiative “Germany – Land of Ideas” organized by the German Federal Government and Federation of German Industries (BDI) has named Schaeffler as one of the recipients of its “Outstanding Landmark” award for 2018.

MEXICO – In 2017, Timken worked closely with Mexican officials to investigate counterfeit operations in Mexico City and Guadalajara. It eventually led to the seizure of 88,000 fake bearings. Currently, the case is implementing several penalties to the counterfeiter involved, including having all counterfeit products, packaging and promotional materials destroyed.

Counterfeit bearings continue to be a worldwide brand-protection and safety concern. In 2017, NTN Corporation continued its efforts to ensure that customers buying genuine NTN bearings receive only genuine NTN bearings by introducing a new anti-counterfeit label and app.

Japanese bearing manufacturer JTEKT rises with a three step campaign awareness for fake bearings in Cambodia, Myanmar and the Philippines.

A successful raid in Suzhou City ends with significant criminal fines and high compensations for bearing distributor in China.

Counterfeit bearings with a market value of approximately €1 Million were destroyed in Greece, following the successful completion of legal proceedings commenced in 2009.

Several containers with fake bearings, seized two years ago in France, have to be destroyed. In addition Schaeffler receives a considerable compensation for the image damage caused.

The company has detected counterfeit goods at the 15th China International Bearing Industry Exhibition held in September 2016. Many companies violated infringing trademark rights as well as trade names.

Tata Motors has conducted raids in 19 locations across India over the last six months – and identified five manufacturers of counterfeit parts, packaging materials and stickers.