Balcan Innovations Inc., the parent company of Covertech Flexible Packaging, which manufactures rFOIL insulation, has acquired Reflectix Inc., a leader in reflective insulation and radiant barriers.

Reflectix is a reflective insulation that looks like silver bubble wrap. It’s commonly used in attics as insulation. It reflects heat, and works best if there’s a small dead air space between it and ...

Name of business: Reflectix Inc. Opened: Reflectix began as an energy management company in the early 1980s, founded by Steven C. Painter. In 1985, it became a publicly-traded company and began to ...