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LEG - Leggett & Platt, Incorporated ()

Overview

Company Summary


Leggett & Platt, Incorporated (LEG) is a well-established company that operates in the manufacturing industry. Founded in 1883 and headquartered in Carthage, Missouri, Leggett & Platt is considered a global leader in the production and distribution of engineered components and products used in various industries, particularly in the furniture and bedding, automotive, and aerospace sectors.

The company specializes in designing and manufacturing a wide range of products, including adjustable beds, bedding components, carpet underlay, automotive seat support systems, titanium alloys for aerospace applications, and other specialized components. Leggett & Platt's product portfolio is vast and diverse, catering to the needs of its diverse customer base.

In the furniture and bedding industry, Leggett & Platt offers a variety of engineered components and products to enhance comfort, provide support, and improve functionality in bed frames, recliners, cushions, and other furniture items. Their adjustable beds and mattress springs are particularly well-known and favored by consumers globally.

Additionally, Leggett & Platt serves the automotive industry by supplying components that improve the comfort, performance, and safety of vehicle seats. They develop and manufacture seat suspension systems, lumbar supports, headrests, armrests, and other interior components.

Furthermore, Leggett & Platt has a presence in the aerospace industry, primarily through its specialized manufacturing division, which focuses on producing titanium alloys for aerospace applications. These alloys are used in aircraft engines, structural components, and other critical aerospace systems.

As a business, Leggett & Platt operates through various divisions and affiliated companies to execute its operations and cater to different market segments. The company's success stems from its commitment to innovation, quality, and customer satisfaction. Leggett & Platt has a long history of continuously investing in research and development, striving to stay at the forefront of its industries.

Overall, Leggett & Platt's diverse product offerings, extensive manufacturing capabilities, and global reach make it a prominent player in the manufacturing industry, serving various sectors with its engineered components and solutions.

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