Former Crocs CEO and founder, George B. Boedecker, Jr., and a team of private investors purchased the assets for Crocs Canada, Inc. on Sept. 30. Formerly Foam Creations, Crocs Canada Inc. was the original Canadian-based manufacturing facility for Crocs footwear.
While serving as CEO of Crocs, Boedecker made the decision to purchase and re-name Foam Creations in 2004. The company produced the shoes at the Quebec location until April, when all shoe production at the facility was discontinued. There are currently no plans to produce footwear at the site under the new ownership team.
At its operational height, the Crocs Canada Inc. facility produced 14,000 shoes per day, accounting for approximately 5 million pairs of shoes per year. The 33,000 square foot facility currently employs 30 people.
In addition to the purchase of all assets, Boedecker and his investment team have secured the rights to the name “Foam Creations 2008.” Said current Crocs Canada Inc. president Andy Reddyhoff, “Our plan is to keep our team intact and to continue to create local jobs and opportunities with this endeavor. Anything less would be a disservice to our team and to our community. This name change also brings us full circle, and we are as pleased as can be to be working with George (Boedecker) again.”
