HVAC Breaking News

Oct. 3, 2013: Uponor Innovations to Identify Emerging Markets, New Products

Company Looks to Develop New Processes and Technologies

October 3, 2013
APPLE VALLEY, Minn. — Uponor Inc. has announced the launch of Uponor Innovations LLC — a new, wholly owned subsidiary and corporate enterprise designed to identify emerging markets and create new, game-changing products, said the company.

“We are very fortunate to work with very talented and creative people at Uponor,” said Bill Gray, president of Uponor North America. “But, we have to recognize that no single company has a monopoly on good ideas. Uponor Innovations is one way we can connect with others externally and help turn their good ideas into a reality.”

Anyone from entrepreneurs to startups, business owners, management teams, investors, and funds can submit an executive summary of their ideas to www.uponorinnovations.com. Uponor said it will explore ideas that may or may not build on its existing product profile and business model.

“Someone may have a good idea, but lack the resources to gain any traction or success,” said Gray. “That’s where Uponor can help. We have a successful and established infrastructure to help introduce ideas, products, processes, and technology to our industry.”

This infrastructure includes staff, funding, manufacturing, marketing, sales, technical support, and a national distribution network. Uponor Innovations is not an investment portfolio enterprise, but rather its approach is to pursue involvement through existing Uponor assets and resources.

“The entrepreneurial spirit is a core part of our culture at Uponor; it’s in our DNA,” Gray said. “We’re very excited about this new venture where we can all capitalize on better ideas and solutions to revolutionize our industry.”

For more information, visit www.uponorinnovations.com.

Publication date: 9/30/2013

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