Formica, Schock & Co. form joint venture

Formica Corp. and Inova, a subsidiary of Schock & Co. GmbH subsidiary, have formed Inova Joint Venture, L.L.C., a joint venture company owned 51% by Formica and 49% by Schock.

Odenton, MD-based Inova Joint Venture will have exclusive rights to market and sell the Schock Cristalite and Cristalan solid-surfacing brand of products in North and South America. Schorndorf, Germany-based Schock is a privately held company that specializes in advanced solid-surface technology and manufacturing. Formica is a worldwide manufacturer and marketer of decorative surfacing products, high-pressure laminates and laminate flooring.