Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Power Tool Lawsuit Filed Against Sears
Jul 9, 2004
 Printable format
 Email this Article
 Search

Sears, Roebuck and Co. is being sued by a WI, U.S.-based company that invented the RotoZip spiral saw. RRK Holding Co. has filed a lawsuit in Chicago, IL, U.S. federal court claiming that Sears stole secrets and undercut revenues, which eventually forced the company to sell out to Robert Bosch.

RotoZip founder Robert Kopras is claiming that Sears used RotoZip drywall cutting tool designs to produce its own All-in-One Cutting Tool under the Craftsman label, while under-pricing the original RotoZip and preventing it from releasing its "next generation" tool in Sears stores.

Mr. Kopras also claims that the release of the All-in-One Cutting Tools cut into the company's sales, forcing it to sell out last year to Mount Prospect, IL, U.S.-based Robert Bosch Tool Corp., the North American tool-making division of Germany's Robert Bosch. Terms of the deal were not disclosed. Bosch continues to produce and sell RotoZip tools.

While Sears declined to comment on the case, the company is expected to file a legal response by Aug. 3, 2004.

Back to Daily News

 

Daily News

...........................................................

Oct 31, 2014: Whirlpool Completes Acquisition of Majority Stake In Hefei Sanyo

Oct 30, 2014: Whirlpool Corp. reports strong third-quarter

Oct 30, 2014: Statistical Portrait of the European Appliance Industry Released by Appliance Magazine

Oct 30, 2014: New Whirlpool acquisition Indesit reports profit for year so far

Oct 30, 2014: Consumer Confidence Index rebounds in October

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows