ST. PAUL, Minn.--(BUSINESS WIRE)--3M, along with its wholly-owned subsidiary 3M Innovative Properties Co.,
announced today that they have successfully concluded their lawsuits
against Avery Dennison Corp. relating to retroreflective sheeting
products used on traffic signs, pavement markings and other traffic
control products. 3M’s patent infringement litigation against Avery has
been resolved with the court entering a consent judgment in favor of 3M.
Avery’s separate claims of patent infringement and antitrust violations
against 3M have been dismissed by the court with prejudice.
“We are pleased that the court has entered judgment upholding the
validity and enforceability of our patents related to DG3 sheeting, and
that all allegations against 3M were dismissed,” said John Houle, vice
president and general manager, 3M Traffic Safety and Security Division.
“We look forward to continuing to bring our innovative, patented
reflective sheeting technology to our customers.”
Reflective sheeting technology was pioneered by 3M more than 60 years
ago. 3M continues to lead innovation in that technology, investing
enormous resources to develop products, such as its 3M™ Diamond Grade™ DG3
Reflective Sheeting, to meet the changing traffic control needs and
visual requirements of motorists.
3M captures the spark of new ideas and transforms them into thousands of
ingenious products. Our culture of creative collaboration inspires a
never-ending stream of powerful technologies that make life better. 3M
is the innovation company that never stops inventing. With $30 billion
in sales, 3M employs about 88,000 people worldwide and has operations in
more than 70 countries. For more information, visit www.3M.com
or follow @3MNews