Restonic Mattress Corporation · Palatine, IL United States
Company Description
Phone: 847-241-1130
Fax: 847-241-1136
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Restonic counts on cultivating customers to rest their weary heads on its products as they count sheep. Restonic is a leading manufacturer of innerspring and specialty mattresses that are sold through home furnishing and specialty bedding retailers nationwide. The company, founded in 1938, specializes in latex, memory foam, magnet, and air mattresses. Its lineup of mattress collections, which feature its patented Marvelous Middle technology (formally trademarked in 1965), includes ComfortCare, SpiraLok, and SuperEdge Plus. Restonic's commercial unit supplies bedding products to hotels and motels, colleges and universities, and the recreational vehicle industry. To read the full description, subscribe now.
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Key Restonic Mattress Corporation Financials
| Company Type | Private Single Location |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $1.5 |
| Employees | 5 |
Restonic Mattress Corporation Executives
1 executives listed for Restonic Mattress Corporation's Palatine, IL location.
| Title | Name & Bio | Contact |
| President and CEO | Ron Passaglia | Network |
Competition
Competitive Landscape for Restonic Mattress Corporation
The volume of home furniture sold depends heavily on the level of home sales, while office furniture sales depend on the health of the US economy. The profitability of individual companies is closely linked to volume, since many costs are fixed. Small companies can compete effectively if they produce specialty items or high-quality workmanship that can sell for a premium price. Imports are a major competitive factor, totaling more than $26 billion a year, and many US manufacturers have factories overseas, where labor and production costs are lower than in the US. Foreign competition and production overcapacity have combined to keep prices low. Additionally, despite automation, the made-to-order nature of much of the business means that the industry is fairly labor-intensive: average annual revenue per worker is around $250,000. To read the full description, subscribe now.Top Restonic Mattress Corporation Competitors
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