The toy company Mattel has yet again been hit with a major recall after only two short weeks. The company has made a recall on Chinese-made toys all tainted with lead paint.
On Tuesday, the company defended itself by telling consumers that they have taken a number of safety measures.
“I am disappointed in what has occurred and what has transpired,” Robert Eckert, chairman and CEO of Mattel, the world’s largest toy maker, said in an conference call with the media Tuesday.
“No system is perfect,” he said. “We are continuing to test thousands of toys, and we could have additional issues.”
Its seems like Mattel needs to stop talking shortcuts two save a few bucks, when they have now virtually lost millions from the recalls. Due to this big mishap, the company stock fell slightly.
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