M&T Bank has been granted a patent for a packaging assembly that includes a blank for forming a corner lock. The assembly allows for easy assembly and secure packaging. GlobalData’s report on M&T Bank gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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According to GlobalData’s company profile on M&T Bank, was a key innovation area identified from patents. M&T Bank's grant share as of May 2024 was 75%. Grant share is based on the ratio of number of grants to total number of patents.
Packaging assembly with corner lock and linear component
A recently granted patent (Publication Number: US11970327B2) discloses a packaging assembly that includes a blank for forming a corner lock and an additional blank for forming a linear component in an assembled position. The corner lock is formed by foldably connected body panels and locking panels, creating a slot for receiving the linear component. The design allows for the linear component to be securely held in place within the corner lock, ensuring stability and structural integrity of the packaging assembly.
Furthermore, the patent details various configurations and additional features of the packaging assembly, such as tabs for securing flaps, angled corner sections, and multiple locking panels to enhance the frictional engagement of the linear component within the slot. The use of materials like corrugated cardboard or plastic is also mentioned, providing flexibility in material selection based on specific requirements. Overall, the innovative packaging assembly design aims to improve the efficiency and reliability of packaging solutions, catering to a wide range of industries and applications.
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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
