Warning: file_exists(): File name is longer than the maximum allowed path length on this platform (260): C:\zpanel\hostdata\zadmin\public_html\forexbr_com_br/wp-content/cache/supercache/www.forexbr.com.br/2020/05/13/the-wall-street-journal-u-s-regulators-wont-approve-chinese-firms-n95-masks-potentially-scuttling-1-billion-california-deal/meta-wp-cache-50c9903984a0ad7de9e00dc583a97f0e.php in C:\zpanel\hostdata\zadmin\public_html\forexbr_com_br\wp-content\plugins\wp-super-cache\wp-cache-phase2.php on line 71 The Wall Street Journal: U.S. regulators won’t approve Chinese firm’s N95 masks, potentially scuttling $1 billion California deal – Forex Brasil

The Wall Street Journal: U.S. regulators won’t approve Chinese firm’s N95 masks, potentially scuttling $1 billion California deal

BYD 002594, -1.08% , an electric-vehicle company that includes Warren Buffett as an investor, has been racing to transform itself into one of the world’s leading mask makers in light of the demand. The company has won giant contracts for its masks from customers in the U.S., Canada, and Asia.

The National Institute for Occupational Safety and Health said in a statement Wednesday that it had denied approval for BYD’s masks for a number of factors. Niosh said the specifics behind the decision were confidential, but noted that the agency told BYD earlier this month that an on-site assessment of its factories in China yielded a “not acceptable” rating.