No. 82-1609.

709 F.2d 1109 (1983)

BINKS MANUFACTURING COMPANY, Plaintiff-Counterdefendant-Appellee, v. NATIONAL PRESTO INDUSTRIES, INC. and Presto Manufacturing Company, Defendants-Counterplaintiffs-Appellants.

United States Court of Appeals, Seventh Circuit.

Decided May 20, 1983.

Attorney(s) appearing for the Case

Keith A. Klopfenstein, Jr., Ross, Hardies, O'Keefe, Babcock & Parsons, Chicago, Ill., for defendants-counterplaintiffs-appellants.

Roger Pascal, Schiff, Hardin & Waite, Chicago, Ill., for plaintiff-counterdefendant-appellee.

Before WOOD, COFFEY and TIMBERS, Circuit Judges.

COFFEY, Circuit Judge.

This appeal involves a contractual dispute concerning the manufacture and sale of an "industrial spray finishing and baking system." Binks Manufacturing Company, the System's manufacturer, brought an action in federal district court to collect the purchase price of the System. Presto Manufacturing Company,1 counterclaimed alleging damages resulting from defective design and manufacture of the System as well as late...

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