The New Venture Development function is led by company Vice President, Doug Fulton and will seek growth opportunities through corporate acquisitions and joint ventures, as well as internal product development.

Reporting directly to President Bill Gray, Fulton will lead the exploration, incubation and integration of new products into Uponor’s existing business offerings, while also forging external partnerships. The overarching goal is to expand the company’s growth opportunities in ways that align with Uponor’s business strategy and customer insights.

“With the creation of our New Venture Development function, Uponor is doubling down on innovation,” said Gray. “We are emphasizing more than ever our commitment to providing innovative plumbing, heating and fire safety solutions to our customers.”