L&P shedding less-profitable units

Thomas, Larry
November 2007
Furniture/Today;11/19/2007, Vol. 32 Issue 11, p1
Trade Publication
The article reports on the plan of Leggett & Platt Inc. to eliminate more than one-fifth of its business portfolio and focus on total shareholder return as part of a major restructuring in Carthage, Missouri. The report has noted the company's decision to sell off its entire aluminum products segment, which has annual revenues of about $900 million, and sell six additional business units.


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