Shengmao signs 5G/Fold Down license & Mannington indemnification

Välinge Innovation is pleased to announce the extension of its cooperation with Jiangsu Shengmao Plastic Products Co. The license agreement with the Chinese company was extended to the use of Välinge's patented technologies for Fold Down mechanical locking systems as well as an indemnification on patents from Mannington Mills Inc.

The mother company Jiangsu Senmao Bamboo & Wood Industry Co., Ltd. became a Välinge licensee for 2G locking in engineered wood flooring products in 2007. In 2011, the subsidiary Jiangsu Shengmao Plastic Products Co., Ltd. signed a license agreement with Välinge and started up production and sales of Luxury Vinyl Tile (LVT) flooring products with 2G locking technology. Shengmao's ambition is to produce advanced PVC flooring to meet the highest industry standards.