Bloomberg News

Metso Rejected by U.S. Supreme Court on $32 Million Terex Award

January 13, 2014

The U.S. Supreme Court refused to revive a $31.6 million patent-infringement award won by a Metso Oyj (MEO1V) unit in a suit against Terex Corp. (TEX:US) over a machine that sorts rocks and gravel.

The high court today turned away an appeal by Metso Minerals Inc. of a lower court ruling that threw out the jury verdict in the company’s favor. The lower court said Metso’s patent covered an obvious variation of existing machinery.

Helsinki-based Metso makes paper machines in addition to rock crushers. Terex is a Westport, Connecticut-based maker of cranes and lifts.

The case is Metso v. Powerscreen International, 13-565.

To contact the reporter on this story: Greg Stohr in Washington at gstohr@bloomberg.net

To contact the editor responsible for this story: Patrick Oster at poster@bloomberg.net


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  • TEX
    (Terex Corp)
    • $35.65 USD
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    • 1.35%
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