U.S. Congressman Randy Neugebauer toured Graham based company ShockWatch Thursday morning, Jan. 23. The visit was part of a regional business and city chamber tour that also included stops in Abilene and Albany.
“This (Neugebauer’s visit) puts us on the map and kind of gives us some recognition,” said ShockWatch’s Chief Innovation Officer Clint Branch. “We are a small company doing global business, and we seem to have issues at times getting people to know who we are.”
ShockWatch, a 40-year-old company, has a presence in 65 countries throughout the world, mostly in Europe and Asia. It specializes in damage prevention, creating products that help companies protect their inventory during transportation, Branch said.
Among the many topics discussed during the hour long tour, Branch pointed out the ongoing problem of patent piracy in China, which accounts for what he estimated to be roughly 35 percent of revenue loss in Asia for the company.
“That’s one of the biggest challenges to us, is the illegal knockoff of our products overseas,” Branch said, adding that the issue is not as prevalent as it was 10 years ago, but remains a problem. Neugebauer stated that federally, numerous avenues exist for congressional representatives to continue aiding businesses such as ShockWatch.
“I think that one of the things that we continue to do is we interface with a lot of these countries and try to set up trade agreements and get them to understand that it’s a two-way street,” Neugebauer said. “If they’re not going to honor our intellectual property, our patents and our copyrights and things like that, then it impedes our ability to trade with them.”
Read the full story in the weekend edition of The Graham Leader.