Coolcore extends assets in thermoregulation with Tempnology purchase
08/01/2016
Through the sale, Coolcore obtained several partnerships with global consumer brands such as Brooks, Cabelas, Disney, Imperial Headwear and LL Bean, to develop and commercialize thermoregulation performance fabrics.
It will retain all Tempnology employees and has plans to add additional staff in 2016.
"Today is an exciting day and new beginning for our industry-leading material innovation company," stated Mark Stebbins, the lead investor in Coolcore.
Coolcore fabric formulations have also earned the "Innovative Technology" recognition from the Hohenstein Institute, a first for a US company, and the only company globally to be awarded this recognition for Cooling Power. The fabrics are supported by two current patents and several other pending ones.
"Mark and his investment group have provided crucial support for our growing company as we have established ourselves as a leader in the marketplace," stated Kevin McCarthy, CEO of Coolcore.
"The future at Coolcore is very bright with our recent awards and patents and continuous development in the fast-growing thermoregulation apparel category."
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