Leggett & Platt acquires Shanghai manufacturing facility
Diversified manufacturer Leggett & Platt has announced its acquisition of a store fixtures
manufacturing facility in Shanghai,
China,
Leggets hope is it will enhance the companys store fixture
production by approximately $20 million.
The facility, a key supplier to Leggetts US operations, produces a broad range of retail store fixtures as well as gondola shelves, and
wire. It also has wood
manufacturing capabilities.
This acquisition will boost Leggetts operating presence in
China, so the company will be able to serve both the growing Chinese domestic market as well as the US market.
Facility operations include full steel
fabrication resources, and both powder coating and chrome plating finish capability. The modern facility, employing 460 workers, is expandable and conveniently situated to serve customers in Asia.
Leggett & Platt is a Fortune 500 company and serves as
North Americas leading producer of components for residential and office fixtures as well as a broad range of manufactured goods for retail stores, and automobiles.