Manitou and JCB announced Dec. 8 the 2 companies have decided, by mutual agreement, to put an end to all patent infringement litigation. The disputes initiated from May 2017 concerned 3 European patents and led to a set of legal proceedings in France, the United Kingdom and Italy.
The companies said in a press release that the end of these disputes has no impact on the present and future activity of both parties, nor on the characteristics of the products marketed by each of them.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.
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