TriMas Corporation (NASDAQ: TRS) – a diversified global manufacturer of
engineered and applied products – today announced that Cequent
Performance Products reached an agreement with Pacific Rim
International, LLC that protects Cequent’s intellectual property rights
for its Bulldog® brand 2-speed jack design.
Cequent owns the patent that protects its Bulldog®2-speed
jack, which is the leading design in the horse, livestock and industrial
trailer markets. Cequent’s patented Bulldog® 2-speed jack incorporates a
proprietary 2-speed gearbox designed with a drop leg jack in mind.
Bulldog®’s 2-speed jack makes cranking easier when fully loaded and
faster when unloaded by utilizing advantageous gear ratios. In low gear,
the ratio delivers full lifting power at a super smooth, easy-lifting 27
turns per 1" (planetary gear set) and 29 turns per 1" (traditional gear
set) of travel. In high gear, the cranking ratio is a speedy nine turns
per 1" of travel, the fastest in its weight class.
Cequent discovered that Pacific Rim sold jacks nearly identical to the
patented technology in Cequent’s Bulldog®jacks, and filed a
patent infringement suit against Pacific Rim. Cequent demanded that
Pacific Rim stop selling those jacks in the marketplace, and pay Cequent
for monetary damages based on the sale of those jacks. In response to
Cequent’s claims, Pacific Rim agreed to a confidential settlement with
Cequent. As a result, Cequent is still the only provider of state of the
art jacks utilizing a 2-speed gearbox with power and speed for the most
effective and efficient jack at all loads.
About Cequent™ Performance Products, Inc.
Cequent Performance Products, Inc. is the industry’s largest
manufacturer of towing and trailer aftermarket products. Each product is
engineered and tested to meet and often exceed the industry’s highest
standards. Product focuses include vehicle specific trailer hitches,
electric trailer brake controls, fifth wheel hitches, gooseneck hitches,
weight distribution systems, cargo management, custom designed and
standard electrical harnesses, trailer jacks, couplers and more. Brand
names include: Bargman®, Bulldog®, Draw-Tite®, Fulton®, Hidden Hitch®,
Pro Series™, Reese®, ROLA®, Tekonsha®, Tow Ready® and Wesbar®. Cequent
is a subsidiary of TriMas Corporation.
About TriMas
Headquartered in Bloomfield Hills, Michigan, TriMas Corporation (NASDAQ:
TRS) provides engineered and applied products for growing markets
worldwide. TriMas is organized into six reportable segments: Packaging,
Energy, Aerospace & Defense, Engineered Components, Cequent APEA and
Cequent Americas. TriMas has approximately 5,500 employees at more than
60 facilities in 17 countries. For more information, visit www.trimascorp.com.
Copyright Business Wire 2013