APPLE VALLEY, Minn., April 5, 2016 /PRNewswire/ -- Uponor announced today that it has reached an intellectual property licensing agreement with HeatLink Group Inc. and PexCor Manufacturing Inc.
HeatLink Group Inc. and PexCor Manufacturing Inc. are affiliated companies based in Calgary, Alberta, that manufacture and sell PEX pipe. The agreement, which allows their use of Uponor's patented technology for PEX pipe manufacturing under license, resolves ongoing litigation in the U.S. and Canada regarding infringement of Uponor's Canadian Patent 2,232,376.
On March 16, 2016, Uponor secured a favorable ruling from the Federal Court of Canada regarding its patent infringement case against the two companies and had an additional case pending in the U.S. The ruling had required HeatLink, PexCor and related companies to halt manufacture and sale of PEX piping. Through the new agreement, they can resume business under a license agreement with Uponor.
"We're pleased that we were able to come to an agreement that protects our valuable intellectual property," says Bill Gray, president, Uponor North America. "It's a fair outcome for all involved and allows us to focus on our respective markets and customers."
Uponor North America, Inc. is an award-winning provider of plumbing, fire safety, radiant heating/cooling, hydronic piping and pre-insulated piping systems for residential and commercial applications. The company has received recognition for best-in-class manufacturing, sustainability, energy efficiency, safety, business growth, economic development, workplace giving and being a top workplace. Uponor, Inc. employs about 500 people at its North American headquarters in Apple Valley, Minn.
© 2016 Uponor, Inc.
Uponor is a trademark of Uponor Corporation and Uponor, Inc.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/uponor-announces-intellectual-property-agreement-with-heatlink-group-inc-and-pexcor-manufacturing-inc-300246656.html