Woodbridge acquires full ownership of joint venture Woodbridge FoamPartner Company located in Chattanooga (TN, USA) to form ‘Woodbridge Technical Products Company’

11
Aug

Chattanooga, USA, [August 11, 2017] – The Woodbridge Group, an international leader in the development and production of innovative urethane and particle foam technologies, is pleased to announce the acquisition and 100% ownership of Woodbridge FoamPartner Company and will begin operating as Woodbridge Technical Products Company (WTP) as of August 11, 2017.

This acquisition enables The Woodbridge Group to further support current customers with a broad line of technical polyurethane foam solutions.  The breadth of products provided by WTP, coupled with the Woodbridge research and development and product development teams, advances an already strong customer commitment to future innovation.  The newly named business unit Woodbridge Technical Products Company reinforces the organization’s strategic focus and will continue to manufacture slab urethane foams for a broad range of existing customers and markets including consumer products, automotive, filtration, medical and industrial.

The inception of the joint venture in 2007 created a win-win situation with successful growth of The Woodbridge Group. But strategic developments led us to conclude that it was in the best interest of both parties to dissolve our arrangement. We will be able to meet our obligations towards our customers, and we look forward to the continued collaboration with FoamPartner on new terms. 

The Woodbridge Group offers innovative material technologies for applications in Automotive, Commercial, Recreational, Packaging, Healthcare and Building products.  In the nearly 40-year span from its first plant in Woodbridge, Canada, The Woodbridge Group has grown with operations in all the major manufacturing regions of the world. In addition to its manufacturing operations, Woodbridge offers a full complement of services including: chemical research and development, product and process engineering, tooling, technical support and accredited laboratory testing. 

The Woodbridge Group is Canadian owned with 63 facilities operating in 21 countries, and is a global leader in the development and production of polyurethane products. Automotive applications include components for seating, structural support, occupant protection, headliner systems and acoustical management, as well as a full range of value added services including engineering and design, supply chain management, assembly, sequencing and JIT delivery solutions. For more information, visit www.woodbridgegroup.com.

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Contact:                                                                              

Cynthia Emili, Global Marketing Manager

Phone: 905-896-3626

Email: cynthia_emili@woodbridgegroup.com