More Consolidation in PU Segment With Merging of FXI, Innocor

Flexible polyurethane foam producers FXI Inc. and Innocor have signed a definitive agreement to merge, with the deal closing in the second quarter of 2019, pending regulatory approval. FXI, headquartered in Media, Pennsylvania, is held by One Rock Capital Partners LLC. Innocor, based in Red Bank, New Jersey, is part of Bain Capital Private Equity’s […]

Harold Earley Now Leading FXI

Harold Earley Now Leading FXI

Foam components and finished products supplier FXI has appointed Harold Earley president and chief executive officer. Earley joined the Media, Pennsylvania-based company in 2009 as executive vice president and chief financial officer. In 2016, he became chief operating officer, as well. He replaces John Cowles who resigned to pursue an opportunity outside the industry. Cowles […]

There’s nothing frothy about PU foams

There’s nothing frothy about PU foams

BY GARY JAMES Suppliers are taking seriously demands for products that support, conform, dissipate heat—and survive being rolled and boxed As consumers become more and more savvy about what they want in a mattress, bedding producers are constantly on the lookout for new flexible polyurethane foams to help them improve the sleep experience. Enhanced comfort, […]

Foamer FXI bought by One Rock Capital

Foam producer FXI is being acquired by an affiliate of Los Angeles-based One Rock Capital Partners LLC. One Rock is purchasing FXI from private equity partnerships managed by New York-based MatlinPatterson Global Advisers LLC and Black Diamond Capital Management LLC in Greenwich, Connecticut. Financial terms were not disclosed. The transaction is expected to close during […]

Mattress Startup Nuvanna Offers Layered Support

Mattress Startup Nuvanna Offers Layered Support

Alvaro Vaselli, whose resume includes executive positions with industry supplier FXI (formerly Foamex), has launched online mattress brand Nuvanna LLC, with headquarters in Philadelphia. According to a news release, the bed incorporates a health and wellness ethos with the latest innovations in foam technology, delivering comfort, temperature control and “progressive support.” The American-made mattress uses […]

Foam Supplier FXI Appoints New Head of Research and Development

Foam Supplier FXI Appoints New Head of Research and Development

Media, Pennsylvania-based foam supplier FXI has named Philippe Knaub senior vice president and chief technology officer. In the new position, Knaub leads the company’s research and development initiatives. Diane Adams, chief marketing officer, has been overseeing the research and development department, along with the marketing department, for the past year. With Knaub’s appointment, she returns […]

Foam products supplier FXI names R&D chief

MATTRESS INDUSTRY NEWS RELEASE Leading Global Polyurethane Expert Will Head FXI R&D MEDIA, Pa. – FXI, the leading producer of innovative foam products, has named Dr. Philippe Knaub senior vice president and chief technology officer to lead the company’s research and development initiatives. Knaub is considered one of the world’s foremost experts on the development […]

FXI Buys Hickory Springs Foam Plant

FXI Buys Hickory Springs Foam Plant

Media, Pennsylvania-based foam products supplier FXI buys a foam-pouring and foam-fabrication facility in Portland, Oregon, from Hickory Springs Mfg. Co. The purchase of the 185,000-square-foot plant expands FXI’s manufacturing footprint in the Pacific Northwest. FXI has operated in Portland for several years at another location but will transition production and its employees to the new […]

FXI’s foam ranking scale offers climate clarity

Foam supplier FXI, with headquarters in Media, Pennsylvania, has created a ranking system for its foam products. Each is assigned a Temperature Regulation Factor of from 2.0 to 4.0. The purpose of the new ranking scale is to better communicate the “airflow and dissipation properties” of the different foams in FXI’s lineup. For instance, products […]

Foam & latex are very, very hot—but cooler than ever

Foam & latex are very, very hot—but cooler than ever

BY BARBARA T. NELLES A decade ago, who would’ve guessed that foam and latex suppliers would be using words like “magic” and “sizzle” to describe their offerings? But they are. Mattress manufacturers seeking to add pizazz to their lineups have embraced all types of specialty foams. Today’s foams are available in beautiful colors, cuts, convolutions […]