AmeriFoam Acquires Quality Foam Designs
Supplier AmeriFoam (PPAI 111020, S4), part of Brooklyn, Michigan-based Brooklyn Products International, has acquired supplier Quality Foam Designs (PPAI 112787, S4), a manufacturer of polyurethane promotional products in Elkhart, Indiana.
The deal has been in the works for the past several months, and the acquisition supports AmeriFoam’s efforts to bring more value to customers through a wide expansion of product offerings and manufacturing capabilities. Lisa Bascom, AmeriFoam’s owner and president says, “This competitor buyout represents an incredible leap forward for our company.”
The acquisition is also part of AmeriFoam’s forward-thinking strategy to offer the promise of continued business growth to its employees. Bascom adds, “With the company’s growth, it should be able to hire more workers in 2021.”