Leggett & Platt Inc. Stock Analysis LEG

Leggett & Platt, Inc. engages in the manufacture and distribution of furniture and engineered components and products among homes, offices, automobiles, and commercial aircraft. The company is headquartered in Carthage, Missouri and currently employs 15,900 full-time employees. Its segments include Bedding Products, Specialized Products and Furniture, Flooring & Textile Products. The Bedding Products segment supplies a variety of components used by bedding manufacturers, as well as produces private label finished mattresses and adjustable bed bases. This segment is also vertically integrated into the production and supply of specialty foam chemicals, steel rod, and drawn steel wire to its own operations and to external customers. Specialized Products segment supplies lumbar support systems, seat suspension systems, motors and actuators, and control cables used by automotive manufacturers. The Furniture, Flooring & Textile Products segment supplies a range of components for residential and work furniture manufacturers, as well as select lines of private label finished furniture.