WestPoint Home

This article is about the corporation. For the military school in West Point, New York, see United States Military Academy.

WestPoint Home, Inc. is a supplier of fashion and core home textile products. WestPoint Home is headquartered in New York City with manufacturing and distribution facilities in the United States and overseas.^[1][2][3] Their products include a diverse range of home fashion textile products including: towels, mattress pads, bedding ensembles, sheets, comforters, blankets, pillows and more. Some brands that they offer include: Martex, Izod, Ralph Lauren, Hanes, Stay Bright, Vellux, Patrician, Lady Pepperell, and Utica Cotton Mills. Products from Westpoint Home are found in retail stores nationwide.^[4]

WestPoint Home’s goal of being the “preferred supplier of fashion and core home textile products”^[5] is backed by almost 200 years of textile history. WestPoint Home, Inc. as it is known today is built on the solid foundation of three of the oldest companies in the textile industry: J.P. Stevens & Co., Inc.(est. 1813 in Massachussetts), Pepperell Manufacturing Company (est. 1851 in Maine), and West Point Manufacturing Company (est. 1880 in Georgia).^[6]

The company was led by the Lanier family through the late 1980’s. The Laniers originally incorporated the Westpoint Manufacturing Company in 1880.^[6] WestPoint Home, Inc. is now owned by Icahn Enterprises, L.P.^[3] In June of 2011 WestPoint Home named Normand Savaria President & CEO, and Taran Chernin Executive VP & Chief Merchandising Officer. WestPoint Home chairman Carl Icahn said the appointments “will further elevate the performance of WestPoint Home”.^[5]

Brands

Martex Izod Lauren - Ralph Lauren Hanes Stay Bright EcoPure Vellux

Patrician Grand Patrician Baby Martex Utica Atelier Martex Exclusive Brands[4]

History

WestPoint Homes' history mirrors the story of today's textile industry, in which consolidation, acquisitions and mergers, and

refocused manufacturing strategies have become necessary in order to compete successfully in the current global market. The

present company is itself the product of mergers and acquisitions involving textile giants West Point Manufacturing Co., Pepperell

Manufacturing Co. and J.P. Stevens & Co. Inc. While West Point was formed in the South just after the Civil War to bring economic

opportunities to the region and foster competition with Northern manufacturers, both Pepperell and J.P. Stevens were founded some

years earlier in New England and later built mills in the South, which offered lower labor and other costs. This situation can be

likened to the present-day shifting of manufacturing operations to and product sourcing from lower-wage countries.^[7]

External links

• WestPoint Home Official homepage

References

1. ^ "WestPoint Home to Shutter Greenville, Ala., Facility, Textile World, February 8, 2011, 11/17/11
2. ^ "WestPoint Stevens to Open Shanghai Office, Receives Filing Extension", Textile World, June 2004, 11/17/11
3. ^ ^{a b} Brent Felgner"Why Icahn Needs Westpoint", Home Textiles Today,March 6, 2008, 11/17/11
4. ^ ^{a b} "Company Website", www.martex.com, 11/17/11
5. ^ ^{a b} Home Textiles Staff, "WestPoint Names Savaria New CEO", Home Textiles Today, June 8, 2011, 11/17/11
6. ^ ^{a b} "WestPoint Stevens, Inc. - Company Profile", Funding Universe, 11/17/11
7. ^ "WL Ross-Led Group Seeks to Acquire WestPoint Stevens", Textile World, April 2005, 11/20/11

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