Lawsuit Settled Between Huber Engineered Woods and Georgia-Pacific Wood Products
Huber Engineered Woods LLC (HEW) and Georgia-Pacific Wood Products LLC (GP) have settled litigation with a signed patent license agreement. Filed in June 2016 by the Charlotte-headquartered manufacturer, the lawsuit alleged that GP’s ForceField products infringed HEW’s patents for its ZIP System sheathing and tape products.
The confidential settlement includes a license under HEW’s patents to GP to cover sales of GP’s ForceField products with an undisclosed upfront amount and ongoing royalties. “We are pleased to bring closure to the lawsuit with Huber so that we can continue to serve our customers with innovative products that solve real challenges in the building community,” said Clarence Young, vice president, oriented strand board, Georgia-Pacific Wood Products.
“Investing in the continued development and protection of our intellectual property portfolio is central to our company’s strategy and success,” said HEW President Brian Carlson. “We are pleased to resolve this issue with GP and will continue to be vigilant in the defense and protection of our brands and intellectual property.”