Välinge Granted New License Agreement
Välinge announced that it joined the global non-exclusive wood license agreements for mechanical locking systems with the Chinese companies Jiashan HuiJiaLe Decoration Material (also known as Golden Palm, Zhejiang Province); Hangzhou ZhengTian Industrial (Anji Province); and Vicwood Industry (Suzhou) (Vicwood City, Suzhou). According to the agreement, the companies will now use the 2G mechanical locking technology that was designed and patented by Välinge in their production of wooden floors.