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Lawsuit between Carpenter Co. and foam maker’s former president dismissed May 6, 2021 Carpenter Co., a Henrico-based industrial foam maker with annual sales of more than $1 billion, has its headquarters at 5016 Monument Ave. ( BizSense file) Avoiding a jury trial that had been set for later this year, a dispute between one of Richmond’s largest privately-held companies and its former president and COO has been resolved. The $18 million wrongful termination and defamation lawsuit filed by Michael Lowery against his former employer, Henrico-based industrial foam maker Carpenter Co., was dismissed in recent weeks. Henrico County Circuit Court records show the two sides “compromised” and resolved the case with prejudice. No other terms or details were included in the March 31 dismissal filing. ....
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