Foley Products acquires underground stormwater storage technology patents
(UI) — Foley Products Company LLC and Pre-Con Products reached an agreement to assign all the StormPrism Patents and Trademarks to Foley in the United States and Canada. Pre-Con will continue using and selling StormPrism products in California.
The parties will continue to cooperate on product development and marketing of the products.
StormPrism is an innovative underground stormwater storage system. It provides a way to store large volumes of captured stormwater underground in a more efficient and safe manner than other products in the market. It is also easy to install, access and maintain.
“The addition of StormPrism to our product portfolio is an important step in Foley’s growth strategy,” Keith Haas, CEO of Foley, said. “We will now be able to offer high-value stormwater solutions across North America and play an expanded role in the management of one of society’s most vital resources.”
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