TITLE

L&P shedding less-profitable units

AUTHOR(S)
Thomas, Larry
PUB. DATE
November 2007
SOURCE
Furniture/Today;11/19/2007, Vol. 32 Issue 11, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
28527515

 

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