Company acquires the assets of Dalton Foam, Inc. and makes it the Dalton Foam Division of North Carolina Foam Industries. These assets include six acres of land twelve miles south of Dalton, Georgia, a 50,000 sq. ft. facility, and machinery to process rebond carpet cushion. This purchase gives NCFI a new product, rebond urethane carpet cushion, to complement our existing prime urethane carpet cushion, as well as the ability to recycle our own scrap.
Company develops polyurethane foam for geotechnical uses.