Gribetz International Earns L&P Best in Class Award

Gribetz International Earns L&P Best in Class Award

Quilting equipment supplier Gribetz International, part of Carthage, Missouri-based Leggett & Platt Inc.’s Global Systems Group, has achieved L&P Best in Class status as a high-performing Leggett & Platt business unit. L&P evaluates an array of quality assurance criteria to make selections for “the best of the best award,” the company said in a news […]

Bedding Industries of America Picks Russ Bowman to Lead Quality Control

Bedding Industries of America, the licensor of the Eclipse International and Eastman House brands, has hired former Leggett & Platt Inc. executive Russ Bowman to oversee and implement a new, companywide quality control and process improvement initiative. He reports to Stuart Carlitz, president and chief executive officer of the North Brunswick, New Jersey-based company. Bowman […]

High Point Market: Gold Bond Premier Mattress Collection Gets Redesign, Upgrade

High Point Market: Gold Bond Premier Mattress Collection Gets Redesign, Upgrade

NEWS RELEASE WRITTEN BY GOLD BOND AND PUBLISHED, UNEDITED, BY BEDTIMES 4/21/17 Upscale fabrics, higher coil counts, natural latex foam, organic wool take center stage in facelift HIGH POINT, N.C. – Leading independent mattress manufacturer Gold Bond is boosting the comfort and support levels of its Premier Series, the company’s high-end innerspring mattress collection, by […]

L&P’s Global Systems Group Adds Waste-exit Machinery

L&P’s Global Systems Group Adds Waste-exit Machinery

Leggett & Platt Inc.’s machinery division, Global Systems Group, based in Carthage, Missouri, has partnered with Denmark-based Waste-exit in the distribution of waste-management solutions. Global Systems Group now is the global sales agent for Waste-exit’s material waste handling systems that are sold to bedding makers. Nearly any mattress manufacturing machine can be retro-fitted to use […]

Global Systems Group and Waste-exit Offer Material Waste Removal Solutions

Global Systems Group and Waste-exit Offer Material Waste Removal Solutions

NEWS RELEASE WRITTEN BY LEGGETT & PLATT’S GLOBAL SYSTEMS GROUP AND PUBLISHED, UNEDITED, BY BEDTIMES Carthage, Missouri, March 16, 2017 — Waste-exit and Global Systems Group® (GSG), a division of Leggett & Platt Incorporated®, are pleased to announce their new partnership to serve the mattress industry. GSG has entered into agreement with Waste-exit to be […]

Leggett & Platt Reports Soft Fourth Quarter, Record Full-year EPS

Leggett & Platt Reports Soft Fourth Quarter, Record Full-year EPS

Carthage, Missouri-based industry supplier Leggett & Platt reports net income from operations for 2016 of $385.8 million, an 18.7% increase compared with 2015. Full-year sales were $3.75 billion, a 4% decline compared with the prior full-year results. Unit volume grew 2% and acquisitions contributed 1% to sales growth, but these were more than offset by […]

Leggett & Platt’s Global Systems Group Partners With Quarrata Forniture Srl

Leggett & Platt’s Global Systems Group Partners With Quarrata Forniture Srl

Leggett & Platt Inc.’s machinery division, Global Systems Group, now is the global sales agent for gluing machinery manufacturer Quarrata Forniture Srl, based in Quarrata, Italy. GSG will market Quarrata’s lineup of advanced roll-coat and spray-coat machinery, heat-dryer equipment and other systems to bedding manufacturers. Quarrata is an established company with a reputation for producing […]

Leggett & Platt Third-quarter Earnings Beat Estimates

Leggett & Platt Third-quarter Earnings Beat Estimates

Industry supplier Leggett & Platt Inc., with headquarters in Carthage, Missouri, reported 2016 third-quarter net income of $93.6 million, a 2.6% dip compared with the third quarter of 2015. Third-quarter earnings per share from continuing operations were flat at $0.67, yet beat analysts’ expectations of $0.62, according to Zacks Investment Research. Revenue declined 6% to […]

Leggett & Platt Research Shows RSAs Prefer Steel Foundations

Leggett & Platt Research Shows RSAs Prefer Steel Foundations

Original research conducted by Leggett & Platt Inc. shows that retail sales associates believe steel foundations are stronger than all-wood bases, according to the Carthage, Missouri-based industry supplier. In a June survey conducted with 100 RSAs, 76% said they prefer to sell steel foundations with a quality sleep set, 93% believe all-wood bases are low […]

Leggett & Platt Adds Creative Services VP Michael Margolies

Leggett & Platt Adds Creative Services VP Michael Margolies

Industry supplier Leggett & Platt Inc., based in Carthage, Missouri, has appointed Michael Margolies staff vice president managing the creative services department. Margolies most recently worked at Amazon.com as a studio manager overseeing commercial and advertising product photography. He previously led creative departments at both Macy’s and Cabela’s, where he managed projects, provided design services, […]

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