New Uponor venture identifies emerging markets, products

Uponor recently launched Uponor Innovations.

Uponor recently launched Uponor Innovations — a new, wholly owned subsidiary and corporate enterprise designed to identify emerging markets and create new, innovative products.

“We are very fortunate to work with very talented and creative people at Uponor,” said Bill Gray, president of Uponor North America. “But, we have to recognize that no single company has a monopoly on good ideas. Uponor Innovations is one way we can connect with others externally and help turn their good ideas into a reality.”

Anyone from entrepreneurs to startups, business owners, management teams, investors and funds can submit an executive summary of their ideas to www.uponorinnovations.com. Uponor is open to exploring ideas that may or may not build on its existing product profile and business model.

“Someone may have a good idea, but lack the resources to gain any traction or success,” Gray said. “That’s where Uponor can help. We have a successful and established infrastructure to help introduce ideas, products, processes and technology to our industry.”

This infrastructure includes staff, funding, manufacturing, marketing, sales, technical support and a national distribution network. Uponor Innovations is not an investment portfolio enterprise, but rather its approach is to pursue involvement through existing Uponor assets and resources.

Gray believes that building an innovative culture internally and externally is a great opportunity to build products and create new processes and technologies that not only help its customers differentiate and grow their business, but also inspire the industry with fresh, innovative and sustainable solutions, and enrich people’s way of life.

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