DuPont wins $920M in trade-secrets case
RICHMOND, VA. — A jury in U.S. District Court in Richmond has awarded DuPont Co. $919.9 million in its trade-secrets lawsuit against South Korea's Kolon Industries Inc.
DuPont said it will ask the court for a permanent injunction ordering Kolon to stop making aramid fiber. The Wilmington, Del.-based chemical and polymer giant filed suit in February 2009, claiming Kolon used confidential information on the manufacture of Kevlar aramid fiber it had received from Michael Mitchell, a former DuPont employee turned industry consultant.
“Today's jury decision is an enormous victory for global intellectual property protection and the millions of users of DuPont Kevlar technology and products,” said Thomas Sager, DuPont senior vice president and general counsel, in a Sept. 14 statement.
In its own statement the same day, Kolon said it will appeal the verdict.
“Today's verdict is the result of a multiyear campaign by DuPont aimed at forcing Kolon out of the aramid fiber business,” the company said. “Kolon had no need for and did not solicit any trade secrets or proprietary information of DuPont, and had no reason to believe that the consultants it engaged were providing such information. Indeed, many of the ‘secrets' alleged in this case are public knowledge.”
Foam Sheathing Coalition joins ACC
WASHINGTON — The four-company Foam Sheathing Coalition will continue its product advocacy efforts as part of the plastics division of the American Chemistry Council.
“Joining the plastics division at ACC helps us amplify our industry's voice and communicate the benefits of our products to key decision-makers,” said Greg Bergtold, director of codes and standards at Dow Chemical Co., who will chair the newly formed Foam Sheathing Committee at ACC.
Bergtold is past president of the coalition, which also includes Atlas Roofing Corp. in Atlanta, Owens Corning in Toledo, Ohio, and Rmax of Peachtree City, Ga.
All, except Midland, Mich.-based Dow, are new ACC members.
The coalition formed four years ago to promote the proper technical use of foam sheathing in construction and to advocate the inclusion of foam sheathing in building codes because of its ability to improve the energy efficiency of buildings, as well as reduce greenhouse-gas emissions.
The decision to become part of Washington-based ACC was driven by the complementary work that the groups were doing on a technical level and to advance energy efficiency in building codes.
Like many other groups at ACC, the new Foam Sheathing Committee will be self-funded by contributions from companies that are part of the group.
Global Components plans Florida plant
PALMETTO, FLA. — Injection molder Global Components Inc. plans to open a manufacturing site in Palmetto, creating 50 jobs during the next three years.
GCI already operates plants in the United Kingdom and Malaysia making parts for aerospace, medical, defense, automotive and other industries. The Palmetto plant will cover 16,000 square feet and will include a Food and Drug Administration-compliant clean room, officials said in a Sept. 12 news release.
“We have identified a number of excellent growth opportunities in the U.S. market and want to be close to vendors, suppliers and customers,” GCI President Lindsay Rolfe said in the release.
The state of Florida is providing GCI with $240,000 in tax incentives for the project, with Manatee County providing an additional $60,000 in incentives.
Michigan honors Energetx Composites
HOLLAND, MICH. — Wind-energy startup firm Energetx Composites LLC has received the first “Reinventing Michigan” award from the state of Michigan as part of a program to recognize companies seeking out new business opportunities.
The Holland-based company was founded in 2008 by the same family that operates composite boat maker S2 Yachts Inc., and uses composite molding technology to manufacture wind-turbine blades.
Michigan Gov. Rick Snyder has said he wants to give extra attention to firms that are “reinventing” manufacturing in the state to inspire other small firms.