Home| About Foamex | Press Releases | Investor Relations | Events | Careers | Contact Us | Search/Site Map  








Foamex News/Financial Results

 

FOAMEX EXPANDS THERMAL RETICULATION CAPACITY

_________________________________________________________

New Line Installed at Eddystone PA Facility __________________________________________________________

LINWOOD, PENNSYLVANIA, September 6, 2000 - Foamex International Inc. (Nasdaq: FMXI), North America’s largest manufacturer of flexible polyurethane and advanced polymer foam products, today announced that it has installed a new, advanced reticulation line at its Eddystone, Pennsylvania facility. The new line brings to five the number of thermal reticulation lines operated globally by Foamex, and expands the company’s thermal reticulation manufacturing capacity by nearly thirty percent.

Thermal reticulation is a post-manufacturing process invented by Foamex that completely removes the membrane from between foam cell strands, maximizing uniformity of the cell structure. Foamex reticulated foam is currently used in a wide range of products for filtering, support structure and fluid delivery applications, including blood oxygenators, ceramic foundry filters and hi-tech battery and computer/printer components.

Stephen Drap, Executive Vice President of Foamex’s Technical Products Group, noted, "Today’s advanced, specialty applications require high-quality foam with both consistent cell size and uniform cell structure. Foamex is the leader in producing consistent cell size through our advanced foam manufacturing process. Combining that expertise with our proprietary thermal reticulation capability enables us to deliver the controlled, predictable permeability that customers demand.

"Thermal reticulation is a proprietary process for Foamex, and our new line embodies the latest advances in productivity, quality, safety and automation," said John Televantos, Chief Operating Officer and President of the company’s Foam Products Group. "Applications for reticulated products have grown enormously over the past decade," Televantos continued, "and this investment reaffirms our commitment to providing the capital and human resources required to meet consistently growing customer demand for both new and existing reticulated polyurethane foam products."

Foamex’s Technical Products business, which recorded sales of $92 million in 1999, operates thermal reticulation units in Eddystone, Pennsylvania and Fort Wayne, Indiana, with additional manufacturing facilities in Arcade, New York, San Leandro, California and Cornelius, North Carolina.

Foamex, headquartered in Linwood, Pennsylvania, is the world’s leading producer of comfort cushioning for bedding, furniture, carpet cushion and automotive markets. The company also manufactures high-performance polymers for diverse applications in the industrial, aerospace, electronics and computer industries as well as filtration and acoustical applications for the home. Revenues for 1999 were $1.3 billion.

For more information visit the Foamex web site at http://www.foamex.com.

This press release contains forward-looking information, and actual results may materially vary from those expressed or implied herein. Factors that could affect these results include those mentioned in the documents filed with the Securities and Exchange Commission.

 



© 2004 Foamex L.P. All rights reserved.
Terms of Use
Home| About Foamex | Press Releases | Events | Investor Relations | Careers | Contact Us | Search