Uniroyal Global Engineered Products, Inc.

Uniroyal Global Engineered Products, Inc.

INSA
Uniroyal Global Engineered Products, Inc.US flagOther OTC
3,150.00
USD
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Capital Structure

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Company Description

APIChatGPT
Full Time Employees
294
Sector
Consumer Cyclical
Industry
Auto - Manufacturers
Address
1800 2nd Street FL United States of America 34236
IPO Date
Apr 24, 2018
Business
Uniroyal Global Engineered Products, Inc. (OTCQB: UNIR) manufactures and markets vinyl-coated fabrics and soft trim technologies with high-performance characteristics including durability, stain resistance, and cost-effectiveness as alternatives to leather or fabric coverings; core products encompass automotive interior components such as seating, door panels, head and arm rests, instrument panels, gear lever and steering column gaiters, headliners, and load space covers, alongside non-automotive applications like outdoor seating for utility and sports vehicles, indoor/outdoor furniture, commercial and hospitality seating, healthcare facilities, athletic equipment, and moisture barriers; primary brands include Naugahyde®, Ambla®, BeautyGard®, Flameblocker™, and Spirit Millennium®, with over 525 SKUs offering varied colors, textures, patterns, embossing, printing, lamination, and micro-perforations tailored to customer specifications. The company operates through subsidiaries Uniroyal Engineered Products, LLC in Stoughton, Wisconsin, and Uniroyal Global Limited in Earby, Lancashire, England, utilizing 509,000 square feet of manufacturing capacity across North America, Europe, and Asia with sales offices and 65 global distributors serving automotive (58.8% of sales), recreational, industrial, contract, hospitality, and healthcare markets; founded in 1964 as successor to historic entities like U.S. Rubber Company (inventor of Naugahyde in 1920) and Wardle Storeys (acquired in 2013), it maintains headquarters in Sarasota, Florida. Recent developments include a USD 14.2 million senior secured credit facility from FrontWell Capital Partners in May 2024 to support operations and growth; a multi-million-pound finance package secured by Uniroyal Global Limited to expand exports; and the opening of a new Detroit office to enhance service to the North American automotive market.