Foley Products acquires underground stormwater storage technology patents
(UI) — Foley Products Company LLC and Pre-Con Products reached an agreement to assign all the StormPrism Patents and Trademarks to Foley in the United States and Canada. Pre-Con will continue using and selling StormPrism products in California.
The parties will continue to cooperate on product development and marketing of the products.
StormPrism is an innovative underground stormwater storage system. It provides a way to store large volumes of captured stormwater underground in a more efficient and safe manner than other products in the market. It is also easy to install, access and maintain.
“The addition of StormPrism to our product portfolio is an important step in Foley’s growth strategy,” Keith Haas, CEO of Foley, said. “We will now be able to offer high-value stormwater solutions across North America and play an expanded role in the management of one of society’s most vital resources.”
Related News
From Archive
- Fatal trench collapse in Mass. leads to $4.6 million OSHA penalty, dozens of violations
- OSHA investigates fatal trench collapse at Conroe construction site
- Final Lake Erie sewer tunnel project set to begin after decades-long $3 billion effort
- Texas811 launches real-time excavation detection to prevent utility strikes
- Fiber drilling strike triggers major sewer failure, lawsuits in Florida
- Fatal trench collapse in Mass. leads to $4.6 million OSHA penalty, dozens of violations
- Texas811 launches real-time excavation detection to prevent utility strikes
- Race Communications breaks ground on Bakersfield fiber network
- Final Lake Erie sewer tunnel project set to begin after decades-long $3 billion effort
- Inside Infrastructure: Utility locators warn of systemic failures in damage prevention process
Comments