Spring Air Company

Spring Air Company

Spring Air Company is a mattress company based in the United States. It was founded in 1926 when Francis Karr patented a mattress design with free-end coils. Because of the heavy weight, high transportation costs, and low value per unit weight of mattresses, they are often manufactured locally. The company is thus a licensing organization, with local licensees manufacturing the mattresses under a common name for national marketing. Like a cooperative, the licensees own the Spring Air name.

As of 2006, it is the fourth largest US brand of mattresses (behind Sealy, Serta, and Simmons). It is based in Elk Grove Village, Illinois.


Contents

Merger with Consolidated Bedding

In 2007 The Spring Air Company merged with Consolidated Bedding, Inc. of Tampa, FL, Spring Air's largest licensee and simultaneously acquired six other Spring Air licensees operating eight mattress manufacturing facilities in the United States. The unified Company will employ 1,150 employees in 14 locations,including its headquarters facility that will remain in the Chicago area. The merger will solidify Spring Air's position as the leading value "S" brand on every retail floor. The acquired manufacturing facilities are in: Atlanta, GA; Birmingham, AL; Chelsea, MA (Boston); Denver, CO; Phoenix, AZ; St. Louis, MO; Salt Lake City, UT; and Lacey, WA (Seattle). They will join Consolidated Bedding’s existing facilities in: Columbus, OH; Carrollton, TX (Dallas); City of Industry, CA (Los Angeles); New Brunswick, NJ; and Tampa, FL.

H.I.G. Capital LLC, a leading global private equity investment firm with more than $4 billion of equity capital under management, provided the equity funding for the transaction. H.I.G. began a relationship with Spring Air in 2005 when it funded the merger of American Bedding Industries and Spring Air Partners, the two largest Spring Air licensees.

In may of 2009 the company that owned the Spring Air name - Consolidated Bedding - went bankrupt.

The Spring Air Name was then purchased by E&E Bedding and turned into Spring Air International.[1]

Spring Air International

In May 2009 Spring Air abruptly ceased operations and in June emerged under new ownership and management as SAI (Spring Air International). Spring Air was repurchased by one of its original owners Edward Bates, bringing Spring Air back to being a family-owned company and putting thousands of employees back to work. Today Spring Air has expanded its presence around the world adding over 15 new facilities globally.

The Spring Air brand is now manufactured at 13 U.S. facilities and 22 international licensees that operate in 32 countries.[2]

US Licensees

Current lines

  • Nature's Rest
  • Back Supporter
  • Four Seasons
  • Sleep Sense
  • Chattam and Wells

External links

References

  1. ^ "Spring Air International Relaunching." BedTimes Magazine. July 2009. Retrieved 2011-9-20.
  2. ^ "Spring Air Adds 6 U.S. Licensees." BedTimes Magazine. September 2009. Retrieved 2011-9-20.



Wikimedia Foundation. 2010.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • Salt Spring Air — Infobox Airline airline=Salt Spring Air logo= logo size= fleet size=3 destinations=10 IATA= ICAO= callsign= company name=Salt Spring Air founded=2003 headquarters=Saltspring Island, British Columbia key people=St. Clair McColl (Owner) focus… …   Wikipedia

  • Air Canada — IATA AC ICAO ACA Callsign AIR CANADA …   Wikipedia

  • Air gun — Air rifle and Air pistol redirect here. For other uses, see Air gun (disambiguation) An air gun (air rifle or air pistol) is a rifle or pistol which fires projectiles by means of compressed air or other gas, (in contrast to a firearm which uses… …   Wikipedia

  • Air Southwest (Канада) — Air Southwest Дата основания 1983 Прекращение деятельности 2005 Хабы Аэропорт Чилливак …   Википедия

  • Air Europe — was a wholly privately owned, independent British airline, established in 1978 under the working title Inter European Airways.cite book| author=Simons, Graham M. | title=It was nice to fly with friends! The story of Air Europe | publisher=GMS… …   Wikipedia

  • Company C, 52d Infantry Regiment (Anti-Tank) — Company C, 52d Infantry Regiment Active 15 May 1917 – 1 September 1921 15 July 1942 – 13 …   Wikipedia

  • Air Alliance — was an airline based in Canada.Infobox Airline | airline=Air Alliance| logo= logo size=250 IATA=3J ICAO=AAQ callsign=Liaison parent= founded=1988 headquarters=Montreal, Quebec key people= hubs= focus cities=Montreal, Quebec City frequent flyer=… …   Wikipedia

  • Air Hogs — is a well known line of toy airplanes, helicopters, rockets, etc. manufactured by the Spin Master company in Toronto, Canada. There are radio controlled, free flying, and air powered aircraft. Several of these, especially the R/C ones, are… …   Wikipedia

  • Air Berlin — Infobox Airline airline = Air Berlin image size = 250 IATA = AB ICAO = BER callsign = AIR BERLIN founded = 1978 ceased = hubs = Berlin Tegel Airport Düsseldorf International Airport Nuremberg Airport Munich Airport Son Sant Joan Airport secondary …   Wikipedia

  • Air China — Not to be confused with China Airlines, the flag carrier of the Republic of China. Air China 中国国际航空公司 Zhōngguó Guójì Hángkōng Gōngsī …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”