09 Mag Leggett & Platt Inc. – Equity Research
Posted at 22:21h in Equity Research
Written by Equity Research Team
Leggett & Platt, Inc. engages in the manufacture and distribution of furniture, engineered components and products among homes, offices, automobiles, and commercial aircraft. It operates through the following segments: Bedding, Flooring, Furniture & Textile, and Specialized Products. The company was founded by J. P. Leggett and C. B. Platt in 1883 and is headquartered in Carthage, MO. Other products include automotive seating components (wire seat suspensions, motors and actuators for vehicle power systems) and tubing used in aerospace fluid conveyance systems.
The US accounts for approximately 65% of sales.