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Tempur-Pedic International Inc. · Lexington, KY United States ·(NYSE: TPX)

Company Description

1713 Jaggie Fox Way
Lexington, KY
40511
United States (Map)
Phone: 859-259-0754
Fax: 859-514-5852
Toll Free: 800-878-8889
    Tempur-Pedic hopes you agree that its mattresses and pillows inspire sleep that is out of this world. Its visco-elastic foam technology was developed by NASA during the 1970s to help cushion astronauts during liftoff. The foam is used to manufacture mattresses, pillows, and related products that sell in some 80 countries. The company's Tempur and Tempur-Pedic brand names are featured by retailers (furniture, department, specialty stores), direct-response efforts and the Internet, health care channels (chiropractors, medical retailers, hospitals), and third-party distributors. Tempur-Pedic operates through two primary segments: domestic and international. To read the full description, subscribe now.
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    Key Tempur-Pedic International Inc. Financials

    Company TypePublic - NYSE: TPX

    Headquarters
    Fiscal Year-EndDecember
    2008 Sales (mil.)$927.8
    2008 Employees1,200

    Tempur-Pedic International Inc. Executives

    18 executives listed for Tempur-Pedic International Inc.'s Lexington, KY location.
    TitleName & BioContact
    ChairmanP. Andrews McLaneNetwork
    Vice ChairmanRobert TrussellNetwork
    President, CEO, and DirectorMark SarvaryNetwork

    Competition

    Competitive Landscape for Tempur-Pedic International Inc.
    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 Tempur-Pedic International Inc. Competitors
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