Friday, March 7, 2008

Blair Foam acquires Green Valley Mill

Blair Foam of Gardena, CA announced that it aquired Green Valley Mill, a deal that also includes the purchase of a half-million dollar wood inventory and 5,000 custom rocker templates that Green Valley had originally picked up after Clark Foam of San Juan Capistrano shut down in December 2005.

Blair Foam, which had been one of Green Valley's blank customers, now claims to hold the largest selection of custom rockers in the world.

As part of the terms of the weeklong negotiation, Blair Foam will temporarily occupy Green Valley Mill’s 12,000 square-foot facility in Oceanside until they can figure out their next move, and to ensure uninterrupted production.

Blair Foam co-owner, Jeff Stoner explains, “So far, we’ve been keeping a low profile in the industry in order to perfect our formula and ensure that our product is sound. With a viable product now under our belt, the cards have really fallen into place for us and we look forward to making an immediate impact on the board manufacturing industry.”

The company hopes the acquisition will result in its becoming a major player in the surfboard blank industry in the next few months.

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