Greenville, South Carolina - Stevens Urethane, a business unit of JPS Industries Inc., announced 8 Sept that a jury in Hampshire County, Massachusetts, found that Stevens independently developed its process for making Encapsolar and that neither Stevens nor Jim Galica used trade secrets of Specialized Technology Resources Inc., as that Connecticut-based company had alleged.
"We are pleased to have this aspect of the matter resolved. This clearly vindicates Steven, and most importantly, Jim Galica personally and we look forward to competing in the marketplace with our industry leading formulas, products and on time deliveries," commented Charles Tutterow, president of Stevens Urethane and executive vice president and chief financial officer of JPS, in a company statement.
JPS Industries is a US-based manufacturer of extruded urethanes, ethylene vinyl acetates and mechanically formed glass and aramid substrates for speciality uses in markets requiring highly engineered components. The group's products are used in a wide range of applications from printed electronic circuit boards to advanced composite materials, in civilian and military aerospace components and filtration and insulation products. Headquartered in Greenville, South Carolina, JPS has four manufacturing sites in the US.