mr. greenblatt. please proceed. >> thank you, chairman whitehouse, senator hatch, members of the subcommittee on crime and terrorism. thank you for this focus on the critical challenge of trade secret theft and the opportunity to justify today. as you mentioned my name is drew greenblatt. i'm the president of marlin steel, based in baltimore city, a leading manufacturer of custom our baskets and wider forms and sheet metal fabrications. we make everything in the u.s.a. i'm very proud to report that we also export to 36 countries and my favorite country that we export to is china. we cater to the automotive and medical and pharmaceutical industries. on here for three reasons. number one, trade secrets are important not just for manufacturers that are big but also are small manufacturers like myself. number two, america's trade secret laws and policies must keep pace with today's threats which increasingly are not only interstate but our international threats. number three, manufacturers need your help

mr. greenblatt, from marlin steel, a small manufacturer that has grown significantly. trade secret threat can pose a existent shal theft in a thief succeeds in stealing your secret sauce, it could mean the end of the business, but for a firm like marlin steel, it could mean the end. securing your trade secrets and asserting your rights in court can also be significantly expensive relative to the size of your business. i saw this in my own experience. can you speak to how existence of a federal private right of action would reduce the cost of protecting trade secrets and have woun uniform standard might threat then your ability to go after those that steal your trade secrets. >> the defend trade secrets act is well drafted and will help us go around the state system, which is very inefficient and very slow and it's very expensive. lit companies can't afford having lawyers in five different states on retainers trying to go after a bad actor. it would be much more elegant if we could have a federal jurisdiction on this matter, and much more efficient. the coon/hatch bill

mr. greenblatt, from marlin steel, a small manufacturer that has grown significantly. trade secret threat can pose a existent shal theft in a thief succeeds in stealing your secret sauce, it could mean the end of the business but for a firm like marlin steel, it could mean the end. securing your trade secrets and asserting your rights in court can also be significantly expensive relative to the size of your business. i saw this in my own experience. can you speak to how existence of a federal private right of action would reduce the cost of protecting trade secrets and have woun uniform standard might threat then your ability to go after those that steal your trade secrets. >> the defend trade secrets act is well drafted and will help us go around the state system, which is very inefficient and very slow and it's very expensive. lit companies can't afford having lawyers in five different states on retainers trying to go after a bad actor. it would be much more elegant if we could have a federal jurisdiction on this matter, and much more efficient. the coon/hatch bill w