This article relies largely or entirely on a single source .(January 2020) |
Company type | Public |
---|---|
NYSE: TPX S&P 400 Component | |
Industry | Furnishings |
Founded | 2012 (merger of Sealy Corporation into Tempur-Pedic) |
Headquarters | , |
Key people | Scott L. Thompson (Chairman, President and CEO) |
Products | Bedding |
Brands | Sealy Posturepedic Tempur Tempur-Pedic Stearns & Foster Bassett |
Revenue | US$4.930 billion (FY 2021) [1] |
US$912.3 million (FY 2021) [1] | |
US$624.5 million (FY 2021) [1] | |
Total assets | US$4.323 billion (FY 2021) [1] |
Total equity | US$285.8 million (FY 2021) [1] |
Number of employees | 12,000 (As of Dec. 31, 2021) [1] |
Subsidiaries | Sealy Corporation Tempur-Pedic Dreams |
Website | www.tempursealy.com |
Tempur Sealy International, Inc. is an American manufacturer of mattresses and bedding products.
The company was formed when Tempur-Pedic International, a manufacturer of memory foam mattresses acquired its biggest competitor Sealy Corporation in 2012. [2] [3] It is based in Lexington, Kentucky.
A mattress is a large, usually rectangular pad for supporting a lying person. It is designed to be used as a bed, or on a bed frame as part of a bed. Mattresses may consist of a quilted or similarly fastened case, usually of heavy cloth, containing materials such as hair, straw, cotton, foam rubber, or a framework of metal springs. Mattresses may also be filled with air or water.
Memory foam consists mainly of polyurethane with additional chemicals that increase its viscosity and density. It is often referred to as "viscoelastic" polyurethane foam, or low-resilience polyurethane foam (LRPu). The foam bubbles or ‘cells’ are open, effectively creating a matrix through which air can move. Higher-density memory foam softens in reaction to body heat, allowing it to mold to a warm body in a few minutes. Newer foams may recover their original shape more quickly.
Tempur-Pedic International, Inc., now part of Tempur Sealy International, is a manufacturer and distributor of mattresses and pillows made from viscoelastic foam. The company is headquartered on the Coldstream Research Campus in Lexington, Kentucky and has manufacturing plants in Duffield, Virginia and Albuquerque, New Mexico.
Sleep Number is an American manufacturer that makes the Sleep Number and Comfortaire beds, foundations and bedding accessories. The company is based in Minneapolis, Minnesota. In addition to its Minnesota headquarters, Sleep Number has manufacturing and distribution facilities in South Carolina and Utah. As of 2023, the company employed 5,515 people across the United States.
Serta is an American company based in Hoffman Estates, Illinois, that manufactures mattresses.
The Simmons Bedding Company is an American major manufacturer of mattresses and related bedding products, based in Atlanta, Georgia. The company was founded in 1870. Simmons' flagship brand is Beautyrest. In addition to operating 18 manufacturing facilities in the United States and Puerto Rico, the company licenses its products internationally. According to a Simmons press release, net sales for 2005 were $855 million, and its revenue was $1.13 billion in 2007 and $1.228 billion in 2013. In 2011, Simmons ranked in third place among U.S. mattress manufacturers, with a 15.7 percent market share. In 2012, Simmons and its sister company Serta International were acquired by American private equity company Advent International. As of 2022, Simmons is a subsidiary of the American company Serta Simmons Bedding, LLC of Doraville, Georgia. On January 23, 2023, Serta Simmons Bedding filed for Chapter 11 bankruptcy.
Sealy is an American brand of mattresses marketed and sold by Tempur Sealy International. It draws its name from the city where the Sealy Corporation originally started, Sealy, Texas, United States.
The Jordan's IMAX theaters, also known as the Sunbrella IMAX theaters for sponsorship purposes, are two IMAX theaters located in Jordan's Furniture stores in Natick and Reading, Massachusetts.
Dreams Limited is a United Kingdom-based bed retailer and manufacturer specialising in beds, mattresses, bedroom furniture and bed linen. The first Dreams store was opened in 1987 by Mike Clare, and today there are over 200 stores nationwide. The company has its own purpose-designed mattress factory, and currently employs around 1,500 people, across a network of retail showrooms.
Fagerdala is a company specializing in the development, manufacturing and converting of technical polymer foams, thermoforming parts and resilient materials.
Deerfield Square is an upscale lifestyle center shopping area located in Deerfield, Illinois. The center was the first of its kind in the area, but now faces more competition. It opened in 2000. Major retailers in the mall include Ann Taylor LOFT, Athleta, Walgreens, and Whole Foods Market.
A mattress pad, mattress topper, or underpad is designed to lie atop a mattress. Made from a variety of materials such as wool, cotton, memory foam, feather or latex, its function is to provide an extra layer of comfort, especially when the existing mattress is worn or uncomfortable.
FFL Partners, LLC, previously known as Friedman Fleischer & Lowe, is an American private equity firm, founded in 1997 by Tully Friedman, Spencer Fleischer, David Lowe, and Christopher Masto. The firm makes investments primarily through leveraged buyouts and growth capital investments and is focused on investing in the U.S. middle-market.
Sleepy's was a retail mattress chain with over 1,000 stores, primarily situated in the northeastern United States. The company was founded in New York City in 1931. Sleepy's was acquired by Mattress Firm in December 2015 and all stores were rebranded under the Mattress Firm name on January 1, 2017, but the website continued as an online retailer until 2018. Mattress Firm now uses the Sleepy's name for their private label mattresses.
Mattress Firm Inc. is an American mattress store chain founded on July 4, 1986. The headquarters of the company is located in Houston, Texas.
Ortho Mattress is an American mattress and bedding company with retail and manufacturing headquarters in La Mirada, California. It was founded in 1957 in Gardena, California. In 1996, Ortho merged with W. Simmons Industries and was renamed W.E. Bedding in 1997. By 1998 High Street Holdings, owned by the Karmin family, acquires Ortho Mattress. In 2002, the mattress company reopened their own factory in Cerritos, California where they began making their own mattress components in-house. The name WE Bedding was officially named Ortho Mattress by 2004. In 2007, it moved all manufacturing of its products to Southern California from China and the following year moved its headquarters to La Mirada, California. In 2007, it moved all manufacturing of its products back to Southern California from China. In 2018, the mattress retailer plans to expand to Arizona to allow the production of more components. Presently, Ortho Mattress has more than 70 stores throughout the region including Los Angeles, Orange, San Diego, Ventura and Santa Barbara counties. The mattress maker employs approximately 240 people.
Coldstream Research Campus, in Lexington, Kentucky, is home to over 50 organizations, many with ties to the University of Kentucky. Over 2,100 employees work on the 735-acre campus in agricultural biotechnology, pharmaceuticals, equine health, engineering technology, pharmaceutical manufacturing, and software/IT. Some companies are graduates of ASTeCC, UK's high-tech business incubator, others have licensed UK intellectual property or are clients of the Von Allmen Center for Entrepreneurship.
Saatva is an American privately held e-commerce company that specializes in luxury mattresses and is based in New York City with a second major office in Austin, Texas. Launched in 2011, Saatva was one of the first companies to implement the direct-to-consumer business model. The fastest growing major direct-to-consumer mattress brand from 2019 to 2021, Saatva is estimated to bring in close to $500M in direct annual revenue in 2022 with no wholesale channels. In 2015, Saatva ranked #101 on Inc's list of the top 500 retailers for the year. Saatva mattresses launched Loom and Leaf, an eco-friendly brand of luxury memory foam mattresses and their high-end Zenhaven mattress in 2016.
Amerisleep is an American memory foam mattress and bedding company based in Scottsdale, Arizona. The company was founded in 2010 and it has retail locations in Arizona, Colorado, Texas, Oregon, Houston and three stores in South Korea.
Sit 'n Sleep is an American mattress store chain based in Gardena, California. As of 2024, it has 36 locations, all in Southern California. It is one of the largest independent mattress retailers in the United States and is also known for its extensive advertising.