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Article: Foamex Cushioning Introduction Defies Industry Trend.
- Article from:
- Business Wire
- Article date:
- November 26, 2001
CopyrightCOPYRIGHT 2001 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
LINWOOD, Pa.--(BUSINESS WIRE)--Nov. 26, 2001
Foamex International Inc. (NASDAQ: FMXI), the leading manufacturer of flexible polyurethane and advanced polymer foam products in North America, reported that year-to-date 2001 sales for its new Reflex HR(TM) furniture cushioning have exceeded forecasts and expectations.
Alvaro Vaselli, vice-president marketing and sales for flexible foam products, ironically attributes the new product's rapid success in the marketplace to challenging economic conditions for furniture retailers. "With a soft business climate so far this year, manufacturers are looking for innovative ways to ...
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