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Truefoam Limited
Expanded polystyrene (EPS) insulation, lightweight yet cost-effective and relatively new in North America, offered potential for local manufacture due to the high costs associated with shipping a large mass. Sales grew steadily, and in 1975 the company built a modern plant in the Burnside Industrial Park, Halifax. As well, a new facility was established in the Fredericton Industrial Park. Innovative product development became synonymous with the Truefoam name. New standards were set for basement insulation through the innovative slotted design of Truewall™, followed by the invention of Insul-Wall™, a patented product combining new EPS material with conventional framing, thereby producing a highly energy efficient insulated wall system. In 1984 Eric MacNearney, one of the original shareholders and a professional engineer, purchased the remaining shares from Linton and became President & General Manager.
Through operational successes, quality products and continued shareholder and employee commitment, Truefoam has become a leader in both of its EPS insulation and Styropack packaging product lines. With an eye to the future, management philosophy continues to be long-term financial stability through careful, controlled growth while remaining flexible and receptive to new opportunities. For more information, Truefoam may be emailed at truefoam@istar.ca, or visit their website by clicking on their logo at the top of this page. |
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