Leggett & Platt Inc - Company Profile
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Leggett & Platt Inc (Leggett & Platt) is a diversified manufacturer that conceives, designs, and produces a wide range of engineered components and products for homes and automobiles. The company's main activities include manufacturing bedding products, specialized products, and furniture, flooring, and textile products. The company offers various products such as steel rods, innersprings, specialty foams, adjustable beds, automotive comfort systems, hydraulic cylinders, and furniture components. The company offers its products under various brands such as Comfort Core, Mira-Coil, Quantum, Nanocoil, Active Support Technology, VertiCoil, Energex, Coolflow, Therma Gel, Schukra, Softech, and Lura-Flex. The company's products serve various industries, including bedding, automotive, furniture, flooring, and construction, catering to manufacturers, retailers, and OEMs. Leggett & Platt utilizes a distribution network that includes e-commerce retailers, big box retailers, and home improvement centers. It has a business presence in Europe, North America, South America and Asia. Leggett & Platt is headquartered in Carthage, Missouri, the US.
Leggett & Platt Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Bedding | Repairing and Maintenance | Comfort Core |
| LP Bedding | Value Added Services | Eco-Base |
| LP International Bedding | Product Warranty Maintenance | Combi Core |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Others | In June, the company unveiled its new brand identity, Leggett Dynamics. |
| 2026 | Contracts/Agreements | In April, the company entered into an agreement to be acquired by Somnigroup International for US$2.5 billion. |
| 2025 | Divestiture | In August, the company sold its Aerospace Products Group to affiliated funds managed by Tinicum Incorporated. |
Competitor Comparison
| Key Parameters | Leggett & Platt Inc | Illinois Tool Works Inc | Dover Corp | Masco Corp | Dauch Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Carthage | Glenview | Downers Grove | Livonia | Detroit |
| State/Province | Missouri | Illinois | Illinois | Michigan | Michigan |
| No. of Employees | 15,900 | 43,000 | 24,000 | 18,000 | 18,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Karl G. Glassman | Chairman; President; Chief Executive Officer | Executive Board | 2024 | 66 |
| Benjamin M. Burns | Executive Vice President; Chief Financial Officer | Senior Management | 2023 | 48 |
| Tammy M. Trent | Chief Accounting Officer; Senior Vice President | Senior Management | 1998 | 59 |
| J. David Young | Senior Vice President; Chief Information Officer | Senior Management | 2024 | - |
| Ryan M. Kleiboeker | Executive Vice President; Chief Strategic Planning Officer | Senior Management | 2024 | 47 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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