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September 04, 2015 9:06 AM ET

Textiles, Apparel and Luxury Goods

Company Overview of Vita Nonwovens, LLC

Company Overview

Vita Nonwovens, LLC produces nonwoven products. It offers nonwoven micro fiber allergen-free alternatives, moisture regulators, PLA-based nonwoven products, and chemical-free inherent flame-retardant barriers. The company’s products are used in mattress, automotive, health care, and insulation markets. Vita Nonwovens, LLC was formerly known as Vitafoam, Inc. and changed its name to Vita Nonwovens, LLC in October 2012. The company was founded in 1991 and is based in High Point, North Carolina with facilities in High Point, North Carolina; Schertz, Texas; and Fort Wayne, Indiana. Vita Nonwovens, LLC is a former subsidiary of Vita (Lux III) S.à r.l.

2215 Shore Street

High Point, NC 27263

United States

Founded in 1991

Phone:

336-431-7187

Fax:

336-431-0693

Key Executives for Vita Nonwovens, LLC

Executive Vice President of Operations
Chief Executive Officer of North American Operations and President of North American Operations
Executive Vice President
Executive Vice President
Chief Financial Officer of North American Operations and Vice President of North American Operations
Compensation as of Fiscal Year 2015.

Vita Nonwovens, LLC Key Developments

Miller Law LLC Announces Settlement of $151,250,000 for Purchasers of Certain Products Containing Polyurethane Foam

Miller Law LLC announced a settlement of $151,250,000 for purchasers of certain products containing polyurethane foam. A lawsuit known as In re Polyurethane Foam Antitrust Litigation, Case No. 10-MD-2196, is pending in the United States District Court for the Northern District of Ohio in Toledo. The Settlements have now been reached with the following Defendants: Carpenter Co., FFP Holdings LLC, Future Foam, Inc., FXI Holdings, Inc., Hickory Springs Manufacturing Company, Leggett & Platt, Incorporated, Mohawk Industries, Inc., Vitafoam (Vitafoam Products Canada Limited, and Vitafoam, Inc.), and Woodbridge (Woodbridge Foam Corporation, Woodbridge Sales & Engineering, Inc., and Woodbridge Foam Fabricating, Inc.). Together, these additional settling Defendants will be paying a total of $151,250,000 into the Settlement Fund. Several individuals and businesses brought claims on behalf of a Class of end-user 'indirect' purchasers of products that contain flexible polyurethane foam manufactured or supplied by the Defendants. These products include bedding (for example, mattresses, mattress toppers, or pillows), carpet underlay (also called carpet padding or carpet cushion), and upholstered furniture (for example, a sofa with foam cushions). Plaintiffs claim Defendants engaged in a conspiracy to: increase prices of flexible polyurethane foam and not compete for, or 'allocate,' customers. Plaintiffs contend Defendants violated numerous States' antitrust and consumer protection laws. Defendants deny these claims and deny they are liable to Plaintiffs in any way. Defendants in the nine Settlements will pay a total of $151,250,000. If the Plan of Allocation is approved by the Court, payments will be made to each Claimant from each Settlement pro rata based on the number of valid claims filed and the amounts paid for qualifying products. The Settlement Fund may also be used to pay for the cost to administer the Settlements, attorneys' fees, costs, and expenses, and awards to Class Representative Plaintiffs. Plaintiffs' counsel will request attorneys' fees not to exceed 30% of $151,250,000, plus reimbursement of costs and expenses. The Court will hold a hearing to decide whether to approve the nine proposed Settlements. The hearing will be on DECEMBER 15, 2015, at 10:00 a.m. at the Ashley U.S. Courthouse, 1716 Spielbusch Avenue, Toledo, Ohio 43604. The Court may change the date, time, or location of the hearing.

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