Move Over, Fiberglass?

If all goes as planned for Greenwood Cotton Insulation Products, Inc., there may soon be a major new competitor in the fiber insulation market. Greenwood Mills, Inc., of Greenwood, South Carolina has licensed the patent to make and sell cotton insulation from Cotton Unlimited of Post, Texas, makers of Insulcot. Greenwood Mills has a new wholly owned subsidiary, Greenwood Cotton Insulation Products, to manufacture and market the insulation.

Another company, Native American Cotton Products, Inc., of Phoenix, Arizona has a license agreement to manufacture cotton insulation in the Southwest. Native American Cotton Products has until October of 1995 to produce the insulation or they forfeit their license to Greenwood Mills, which has the right to manufacture elsewhere in the U.S. While the manufacturing licenses are regional, both companies can sell nationally.