President & CEO of Kinze Manufacturing, a manufacturer in Iowa
I started my company from a small welding shop in Ladora, Iowa, to a shop that has become one of the largest agricultural equipment companies in America, employing nearly 1,000 people. My company’s innovations are protected with patents, and in the early years I saw the patent system work well for businesses like mine.
However, in 2012 my business was sued by a patent troll that owned a broadly-named patent. I soon learned patent trolls do not make products or offer services. They make money by using questionable patents to threaten and sue operating companies like Kinze.
This year, Congress is considering legislation that could reduce abusive lawsuits so businesses like mine aren’t forced to pay hundreds of thousands of dollars in settlement fees. You can read more about my story here.
« Sidney VanNessDiane Hamilton »