VALCOURT, Quebec — Bombardier Recreational Products Inc. said Monday it had settled a 3-year-old patent infringement lawsuit filed by Simmons Inc., a Utah-based snowmobile ski maker.
The dispute concerned Bombardier's Ski-Doo Precision ski. Financial terms of the settlement were not released.
The disagreement dated back to 2001, when Simmons, a family owned company based in Providence, Cache County, had sued claiming the Precision ski infringed on its own patent for its Flexi-Ski snowmobile ski product.
The case had been scheduled to return to court this fall.
Quebec-based Bombardier Recreational Products, which is now known as BRP, was spun off from former parent Bombardier Inc. last December in a $960 million sale to members of the Bombardier family, a U.S. investment firm and Canada's biggest pension fund.
Consumer confidence
A better hiring outlook and lower gas prices pushed a measure of U.S. consumer confidence to its highest level in four and a half years.
poorer people charitable
A 2009 study showed the poor give a higher percentage of their income to charity than rich people.
summer tax cut vote
The House will vote this summer on continuing wide-ranging tax cuts first enacted under President Bush.
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