Each issue of PaperMoney is approximately 500 fact filled pages.
Logout
Click here for Pulp & Paper Radio International
Items just for you
New publication added! Advertising Arguments 2015 book
Free Downloads
Search
My Profile
Login
Management Side
Technical Side
Overstrapping Files Suit Against Andritz
Print
Seattle, Washington, USA, 18 October 2011 -- /PRNewswire/ -- Ovalstrapping Inc., a Washington state company, has filed suit in Federal District Court in Tacoma against Andritz AG, a large international industrial concern with headquarters in Austria. Ovalstrapping is seeking an injunction to prevent continued use by Andritz of misappropriated technology in the design of pulp tying equipment Andritz offers around the world.
Ovalstrapping has a long history of design and production of machinery used in the pulp and paper industry, and the company's innovative and unique method of tying bales of pulp with wire is respected around the world. Andritz contracted with Ovalstrapping to be its exclusive supplier of tying equipment (machines) in pulp mills Andritz built around the world.
Overstrapping maintains that, while working closely with Ovalstrapping equipment and contrary to agreements between the two parties, Andritz secretly misappropriated Ovalstrapping designs and technology to create its own line of tying equipment (machines). The losses to Ovalstrapping amount to tens of millions of dollars.


Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: