Wilsonart Int'l. Cleared of Price Fixing Charges
Temple, TX The U.S. Dept. of Justice has notified Wilsonart International that no indictments are being brought against Wilsonart or several other high-pressure laminate (HPL) manufacturers by a grand jury investigating alleged price fixing in the HPL industry, the company said.
According to Wilsonart officials, the grand jury found that the Temple, TX manufacturer of laminate, solid surface material and related products did not violate any antitrust laws in its role as one of the nation's leading suppliers in the highly competitive HPL industry.
"For nearly 50 years Wilsonart has operated, and will continue to operate, its business with integrity," said Wilsonart International spokesperson Alison DeMartino. "We are very pleased by the decision to end this investigation."
The action by the Dept. of Justice "further strengthens Wilsonart's resolve to vigorously defend itself" in several civil lawsuits that have since been filed against HPL manufacturers, including Wilsonart, DeMartino commented.