Federal Foam Technologies Inc. Earns Business Friend of the Environment Award
MADISON, WI - Federal Foam Technologies Inc., New Richmond, Wednesday 05/12/04, won the prestigious Wisconsin Business Friend of the Environment Award for outstanding achievements in environmental protection.
"Wisconsin is very fortunate to have companies that go the extra mile to exceed government regulations to protect the environment and keep our state clean," said Jeff Schoepke, director of the Wisconsin Environmental Working Group, the affiliate of Wisconsin Manufacturers and Commerce which sponsors the annual award.
Nine firms received the awards Wednesday at a conference in Waukesha.
Federal Foam Technologies, Inc. is an industry leader in the custom design and fabrication of a vast array of acoustic, floor and other foam products used in everything from recreational vehicles to military packaging and medical care.
In 2003 alone, the company saved thousands upon thousands of pounds of material from crowding landfills through its Industrial Waste recycling program. Last year, the company diverted from landfills: 17,110 pounds of plastic film; 7,584 pounds of Vyram material; 5,524 pounds of reclaimed Polyurethane foam; 80,880 pounds of waste Polyurethane foam; 52,800 pounds of ABS plastic; 728 cubic yards of paper/cardboard; and, 11,100 pounds of wood/steel fabricating dies.
Company officials estimate it would take sales revenue of $120,220 at a margin of 25 percent to match the pure profits gained from recycling.
Federal Foam Technologies also is working with the Wisconsin Department of Natural Resources to develop a statewide interest in decreasing the amount of industrial waste plastic and polyurethane foam shipped to landfills.
The nine winners were chosen from a competitive field of 32 candidates nominated by their peers, and in some cases, the companies themselves. An independent panel of judges who included representatives from industry, state government, and the University of Wisconsin System selected the winners.
Business Friend of the Environment Award winners are categorized according to number of employees and judged in areas of pollution prevention, innovative technology and environmental stewardship.
The winners were honored at the 15th Annual Environmental Policy and Awards Conference at the Marriott Hotel in Waukesha on May 12. (www.wmc.org)
2004 Business Friend of the Environment Award Winner Profile |
