AirBoss of America Corp.

Climate Impact & Sustainability Data (2021)

Most manufacturing facilities are ISO 14001 registered; Kitchener, Ontario, Scotland Neck, North Carolina and Auburn Hills, Michigan facilities are ISO 14001:2015 certified.
Utilizes external specialists for safe and proper disposal of waste products.
Careful handling of hazardous materials following regulations.
Emissions at manufacturing facilities are carefully tracked for improvement.
Decreasing water and energy demand through technological improvements and recycling.

Overall corporate governance policies apply to all divisions and locations.
Governance policies and procedures strive to ensure ESG goals and objectives are maintained and improved.
Governance objectives and policies ensure that not only governmental and regulatory requirements are met, but also that there is a framework for improvement and development.

Increased volatility in commodity prices for natural and synthetic rubber, steel and other key ingredients.
COVID-19 pandemic impacting operations and financial results.
Competition and price pressure in custom rubber compounding, engineered products and industrial rubber product market segments.
Dependence on key customers (one customer represented approximately 40% of consolidated net sales in 2021).
Risk of product liability and warranty claims.
Potential production disruptions caused by fire, natural disaster, pandemic, labor conflicts, or supply chain disruptions.

Focus on process improvement initiatives and developing effective purchase and pricing strategies.
Credit facility of $250 million.
Continuous maintenance and upgrading of equipment.
Regular investments in capacity and efficiency across its operations.
Multiple supply sources for raw materials.
Commercial general liability insurance.
Regular assessment of workplace safety policies and procedures.

Climate Change Data