Patent risks compel laminate supplier Parador to exit U.S. market
On June 7, Parador and Unilin signed an agreement in which Parador commits to abandon the glueless laminate flooring market in the United States. Parador's move was based on risks related to the Unilin U.S. patents.
In addition, Parador extended a down payment to Unilin for its past sales of glueless laminates in the United States.