Two affiliated portfolio companies of Sun Capital Partners Inc. announced Wednesday that they have officially merged their operations to create the second-largest producer of flexible polyurethane foam in the nation.
Sleep Innovators, based in West Long Branch, is a leading designer, manufacturer and marketer of memory and conventional foam for bedding, furniture, medical, bath and pet products. It merged with Flexible Foam Products, headquartered in Spencerville, Ohio, a national manufacturer and supplier of polyurethane foam products.
Innocor Inc. will be the new name of the company.
The company also announced the appointment of Carol Eicher as the president and CEO of Innocor.
“This is an exciting day for the company as we adopt the name ‘Innocor Inc.,’ to communicate that innovation is at the core of everything we do, and we appoint a new CEO in Carol Eicher,” Richard C. Brown, chairman of the board of Innocor, said in a statement. “The board and I are confident Carol is the best choice to guide the business as we leverage our increased manufacturing footprint as both a retail partner and OEM supplier.”
According to the announcement, Eicher most recently was the business president of Dow’s Global Coating and Construction division. Prior to that, Eicher was the global business director of Rohm and Haas’ Primary Materials division. Eicher has held several manufacturing positions at Ashland Chemical Company and E. I. du Pont de Nemours.
“I’m thrilled to come on board during this pivotal time in the company’s history,” Eicher said. “This company has never viewed itself as simply a foam converter, and our new name reflects that. From our rich tradition of research-based innovations to our deep knowledge of industry trends, Innocor Inc. is committed to translating the science of foam into true product solutions for our partners.”
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