Principles of Business Conduct

Members of the New Jersey Tooling & Manufacturing Association, when they join, pledge themselves to observe the following Principles of Business Conduct:

  1. To quote only realistic delivery promises, and meet all delivery dates unless the customer's delays or changes make it impractical;
  2. To hold in confidence the designs and manufacturing procedures for special tooling and precision machining unless the customer releases the company from this obligation;
  3. To deliver special tooling and precision machining to the specifications and quality agreed upon;
  4. To base quotations on a full knowledge of your own costs and all elements affecting the performance of the job, recognizing that without a fair profit the business cannot long exist;
  5. To refrain from misrepresenting the company's operations and capabilities and from offering remuneration or benefit to influence the placement of business;
  6. To avoid willfully discrediting the equipment, product, methods, personnel or credit standing of a competitor;
  7. To refrain from misleading advertising or personal solicitations;
  8. To accept responsibility to sponsor apprentice training within the company's means, to provide for a future skilled
    workforce;
  9. To use fair purchasing methods in dealing with suppliers;
  10. To treat employees equitably in all respects, including payment of fair wages and supplemental benefits, and to maintain safe and sanitary working conditions.

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