Plexus provides update on Unverified List designation

On December 19, 2023, Plexus Corp. learned that the U.S Department of Commerce placed its Xiamen, China subsidiary on the Bureau of Industry and Security’s Unverified List. Companies appearing on the Unverified List are not barred from conducting business with the United States and their U.S. customers and suppliers. The company said, “Plexus maintains a robust export compliance program across all of its international operations and is not currently aware of any facts or circumstances meriting the designation. We are also working to understand and address BIS’s questions and expedite Plexus Xiamen’s removal from the Unverified List. Plexus remains committed to compliance with all applicable U.S. export control laws, and to working with BIS in a transparent, collaborative manner.”