Matthew O'Malia

The Madison-based manufacturer said it plans to ramp up production with recently improved products and build out its sales force across the Northeast and mid-Atlantic regions.

Currently operating with 54 employees, the insulation manufacturer is seeking to lessen its debt via a voluntary, pre-negotiated Chapter 11 reorganization plan filed in U.S. Bankruptcy Court in Delaware.

The company, which makes high-performance wood fiber insulation, has filed a voluntary, pre-negotiated Chapter 11 reorganization plan in U.S. Bankruptcy Court in Delaware.