Oceanside, California - Following the sudden closure of major surfboard blank maker Clark Foam in December 2005, some of the company's assets have been in limbo.
Now another Californian polyurethane foamer, Blair Foam, has finalised a deal to acquire wood company Green Valley Mill, and its inventory of half-a-million dollars worth of wood for surfboards.
The deal includes 5000 custom rocker templates that Green Valley had picked after Clark closed. Rockers are the shaped wooden pieces that form the backbone of the board inside the foam.
According to a statement from Blair Foam, it "now holds the largest selection of custom rockers in the world, which can be assembled from a variety of the finest quality lumber, hand picked by Gordon Clark himself. "
Blair Foam, which was one of Green Valley's customers, was offered first consideration for the remaining inventory of wood, along with the machinery and equipment.
As part of the deal, Blair Foam will temporarily occupy Green Valley Mill's 12 000 sq.ft Oceanside facility to ensure uninterrupted production.
Blair Foam co-owner, Jeff Stoner, said in the press release, "So far, we've been keeping a low profile in the industry in order to perfect our formula and ensure that our product is sound."
"With a viable product now under our belt … we look forward to making an immediate impact on the board manufacturing industry," he added.
The acquisition couples Blair Foam's "solid background in urethane, with the infrastructure needed to help the industry after the closure of Clark Foam," the statement said.
Blair said it is already providing reliable, small-cell-structured and uniformly dense foam to manufacturers industry-wide.
Blair site manager Leigh Altieri commented that Blair Foam will "undoubtedly look to become a major player in the surfboard blank industry in the next few months."