TINLEY PARK, Ill. — Panduit Corp. announced that it has temporarily suspended the acceptance of orders and shipments to customers in Russia.
This action is a result of the ongoing and rapidly changing situation in Ukraine. To date, the United States, EU, and other nations have implemented a range of economic sanctions and export controls in response to the ongoing Russia/Ukraine conflict.
“We continue to monitor the situation, and at this time, we do not anticipate that this action will affect the supply chain nor our ability to continue making shipments to customers in other regions of the world,” said Panduit President & CEO, Shannon McDaniel.
Panduit will continue to pay salaries and benefits for its Russian team members.Tagged with Panduit