Woodbridge Foam Corporation

Company Profile

■URL

http://www.woodbridgegroup.com

■Address

4240 Sherwoodtowne Boulevard, Mississauga, Ontario, L4Z 2G6, Canada

Business Overview

-The Company supplies urethane and bead foam technologies to serve the automotive and commercial vehicle industry as well as several other business sectors around the world.

-The Company manufactures seat cushions, frames, head restraints, arm rests, headliners, acoustic insulators, cargo systems and safety components.

-Proseat, a foam seating pad manufacturer that represents the Company in Europe, is a joint venture between the Company (49%) and Recticel (51%).

Products

Seat cushioning - ComforTech
-ComfortSense: Textured surface seat cushioning
-TrimVisible: Foam product which provides finished trim appearance
-VibControl: Vibration management foam
-ComforTechLE: Low emission interior foam components
-WNV: Technology for venting polyurethane seat cushions
-GreenLite: Lightweight materials such as BioFoam renewable polyurethanes

Seat frame components - StructureLite
-Seat cushions
-Seat backs
-Bolsters

Interior soft trim - TrimTech
-IntelliSense: Head restraints
-ComfortZone: Dual hardness head restraints
-DecoSkin: Surface treated adjustable firmness foam core
-TrimLine: Thin profile foam components
-TrimStyle: Geometrically complex foam components
-HeadSmart: Head restraint movement mechanisms

Occupant safety components - Enerflex

Noise/Vibration/Harshness solutions - WhisperTech

Cargo management components - CargoSmart
-Storage bins
-Convenience trays
-Customized tool caddies
-Deck lids
-Load floors

Composite sheet foam products - Stratas
-StrataCore: Composite board substrate foam
-StrataLiner: Lightweight composite board
-StrataPlush: Coverstock laminate foam
-StrataBond: Laminated foams and fabrics
-StrataTrim: Formed interior components

History

1978 Began its business as the Woodbridge Foam Corporation, a privately owned Canadian supplier created by the purchase of the polyurethane foam division of the Monsanto Corporation in Woodbridge, Ontario, Canada.
Early 1980s Experienced growth primarily through acquisitions.
Late 1980s Expanded further by building new facilities strategically located near the Company's customers.
Mar. 1999 Group and Poliuretanos S. W., de C. V. announced the expansion of their Joint Venture with the addition of a third manufacturing facility in Mexico.
Apr. 1999 Opened manufacturing facility in Sarnia, Ontario, Canada.
Sep. 1999 Signed contracts with the Belgian Group, Recticel.
Recticel will have a 51% stake in the manufacturing joint venture and the Company will have 49%.
Feb. 2000 Acquired the Morval division of PFB Corporation of Calgary Alberta for CAD 17 million.
Mar. 2001 Woodbridge and its European partner Recticel will together acquire 50% of Gestind.
May 2001 Signed a letter of intent to enter into a Joint Venture with Technicon Industries Inc. of North Carolina.
Jan. 2005 New address of Automotive Headquarters.
Sep. 2005 Established a joint venture in China with Chinese company called GSK.
May 2007 Johnson Controls (JCI) joined with Proseat (a joint venture between Recticel and the Company) to set up a new manufacturing joint venture for the production of molded foam seating cushions in Slovakia and Poland.
Nov. 2007 The Group and Inoac Corp. announced to establish four joint venture companies in North America.
Jul. 2008 Proseat (joint venture with Recticel S.A.) has signed an agreement for the takeover of all the shares of Indepol, a Spanish moulded foam manufacturer.
Jul. 2011 The Company and Wuxi Jixing Auto Parts Co., Ltd. announced that they have agreed to form a joint venture "Wuxi Woodbridge Jixing Advanced Polymer Technology Co, Ltd." in China.
Aug. 2011 The Company and the Summa Group announced the expansion of their partnership, with the establishment of a joint venture "DuraLite Formed Plastics" in Leon, Mexico.

Supplemental Information 1