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MT. PROSPECT, Ill.–(BUSINESS WIRE)–Cummins Allison, the leading innovator and provider of coin, currency and check handling solutions, hosted the Under Secretary of Commerce for Intellectual Property and Director of the United States Patent and Trademark Office (USPTO), David Kappos, at its corporate campus today. Director Kappos visited Cummins Allison to view how the company is advancing U.S.-based manufacturing and discuss the importance of patents to promote technological achievements, help businesses safeguard their intellectual property, and create more American jobs.
“The United States patent system has played a critical role in our success as a world-class American manufacturer”
“As a U.S. manufacturer it is very encouraging to have the Under Secretary of Commerce visit our corporation,” said Doug Mennie, president, Cummins Allison. “The Under Secretary’s visit demonstrates his commitment and dedication to U.S. manufacturing. Director Kappos has made significant progress in his efforts to improve the United States Patent and Trademark Office and we commend him for this success.”
Throughout American history, patents have been an important incentive for research investment and technological development. Patents help individuals and businesses protect their investments, promote their goods and services, and prevent deception in the marketplace. The extent to which the U.S. patent system fosters innovation, inspires technical development and attracts investment is predicated largely upon its efficiency and ability to produce high-quality patents and install faith and confidence in all inventors.
“The United States patent system has played a critical role in our success as a world-class American manufacturer,” said Bill Jones, chairman, Cummins Allison. “Our company began in 1887 and patents have enabled Cummins Allison to retain all of our manufacturing operations in the U.S. Today, our products are sold not only in the United States, but around the world with more than 30 percent of our production exported to foreign markets. A strong U.S. patent system is extremely important to our company’s present and future success, as we remain committed to supporting the American economy and our local community. We are sincerely honored and deeply appreciate the opportunity to meet with Director Kappos and discuss these important economic issues.”