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FXI Opens New R&D Center
March 11,
2012 by in UnCategorized
By Home Furnishings Business in Bedding on March 12, 2012
Foam products producer FXI has opened its new Research and Innovation Center in Ashton, Pa.
The state-of-the-art facility will employ chemists and engineers who will support and sustain the growth of FXI in the home furnishings, healthcare, electronics, industrial, personal care and transportation markets.
This is the first phase of a two step process to invest in automated facilities on both the East and West coasts to drive growth and innovation in bedding, including toppers, pillows and other sleep accessories.
"We are excited about the opportunity for innovation in this fast-growing segment of the market and intend to leverage our experience to a broader retail base," said John Cowles, president and CEO of FXI, Media, Pa. "Our mission is to develop solutions that meet customer needs. Based on our technological leadership and our planned investments in our facilities, we believe that we are well-positioned to succeed in enhancing our capabilities in the sleep accessories area."