PLUSfoam® Compound Technologies, LLC, a California-based Certified B Corporation making modern performance materials that are 100% recyclable, has announced a strategic partnership with Acorn Innovestments and the Noël Group, investors and operators based in North Carolina.

Acorn and the Noël Group’s capital investment, along with their operations and manufacturing expertise, will help supercharge PLUSfoam’s US-based manufacturing launch to service growing domestic production demands. PLUSfoam will use the funds to expand its international manufacturing footprint and to construct new facilities in the United States, while continuing to deliver premium service to current brand partners including Patagonia, Vans, New Balance and Manduka.

“We are extremely excited about this partnership with Acorn and the Noël Group and the shared vision we have for PLUSfoam’s next phase of growth,” said Jason Stanson, co-founder and COO of PLUSfoam. “Their investment provides the resources necessary to expand our material offerings, build our new manufacturing facilities and accelerate the company’s next generation research and development efforts.”

“PLUSfoam’s material technology has a wide range of applications and we look forward to propelling the material’s adoption into new markets,” said Michael Noël, Founding Partner of Acorn, Board Member of Noël Group, and Vice President of Business Development for Nomaco, a Noël Group company. “We are especially excited about partnering with PLUSfoam to launch new US-based manufacturing, creating more jobs here in the United States and servicing the growing demand for domestic manufacturing.”

Over the past year, PLUSfoam has experienced solid growth and positive results:

  • Tens of thousands of pounds of waste diverted from landfills
  • Growth of global reclaim/recycling platform with eight reclaim centers worldwide
  • Millions of products out in the world
  • Major brand partner additions, such as Magnum/Hi-Tec, Marks and Bern

Demand for PLUSfoam’s materials continues to grow as major consumer products companies look to provide sustainable state-of-the-art goods. PLUSfoam provides the solution by custom compounding unique, 100% recyclable formulations for each customer, something that no other materials company is currently offering.

Since 2007, PLUSfoam has been eliminating manufacturing waste and diverting post-consumer goods from landfills and incinerators around the world. PLUSfoam, often used to replace traditional foams, plastics and rubber, allows its customers to create sustainable products without sacrificing performance. PLUSfoam’s custom compounded materials are used across many sectors, including action/outdoor sports, military, aerospace and fashion. Learn more at http://www.plusfoam.com/.