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LEG Stock - Leggett And Platt Inc.


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Leggett And Platt Inc. logo

Leggett & Platt, Incorporated, headquartered in Carthage, Missouri, operates as a global leader in the design, manufacturing, and distribution of engineered components and products across diverse industries worldwide. Established in 1883, the company has expanded its operations to encompass three distinct segments: Bedding Products, Specialized Products, and Furniture, Flooring & Textile Products.

Within its Bedding Products segment, Leggett & Platt offers a comprehensive array of components and solutions including steel rods, drawn wires, foam chemicals, innersprings, specialty foams, and private label finished mattresses. These products cater to a broad spectrum of customers ranging from manufacturers of finished bedding to big box retailers, department stores, and e-commerce platforms.

The Specialized Products segment focuses on providing mechanical and pneumatic lumbar support systems, massage systems for automotive seating, seat suspension systems, motors, actuators, and hydraulic cylinders. These offerings serve automotive OEMs, Tier 1 suppliers, aerospace manufacturers, and mobile equipment OEMs globally, showcasing the company's expertise in delivering tailored solutions for complex industrial applications.

Under the Furniture, Flooring & Textile Products segment, Leggett & Platt supplies a diverse range of products including steel mechanisms, motion hardware for reclining chairs, springs, seat suspensions, and components for soft seating. Additionally, the segment offers carpet cushion, hard surface flooring underlayment, structural fabrics, and geo components to manufacturers of upholstered and office furniture, flooring retailers, contractors, and government agencies.

Driven by a rich legacy of over a century of innovation and customer-focused solutions, Leggett & Platt continues to lead in its respective markets by leveraging advanced manufacturing capabilities and a global distribution network. The company's commitment to quality, sustainability, and technological advancement underscores its position as a trusted partner across various industries worldwide.

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Stock Sector: Consumer Durables: Home Furnishings & Fixtures

 

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