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HSM is an American company globally manufacturing materials and components for transportation, furniture, bedding and other markets. The closely held, family-owned firm is based in Hickory, North Carolina where it was founded in 1944 by Parks Underdown as the "Hickory Springs Manufacturing Company."[2] In May 2013, the firm announced it was being rebranded as "HSM."[1]
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| HSM | |
| Company type | Private |
| Industry | Manufacturing |
| Founded | 1944 |
| Founder | Parks Underdown |
| Headquarters | , U.S. |
Area served | Worldwide |
Key people | Mark S. Jones President and CEO |
| Revenue | Undisclosed |
Number of employees | 2,500 (May, 2013)[1] |
| Divisions | Transportation, Furniture, Bedding, Diversified |
| Website | www.hsmsolutions.com |
The company operates 25 plants employing over 2,500 workers in 13 states.[1]
Overview edit
In March 2013, the company restructured into four business unit: transportation, furniture, bedding, and diversified markets.[3] On May 6, 2013, a rebranding initiative consolidated several brand names and divisions under the trade name HSM, standing for "High-value Solutions Manufacturing."[1]
The C.E. White Company was acquired in 2012 to add capabilities in bus seating.[4] A Corporate Innovation and Technology Center opened in 2012, offering R&D in advanced materials and manufacturing processes . In April 2013, the company broke ground for a 10,000-square-foot, $1.5 million foam technology facility in Conover, North Carolina.[5]
HSM produces value-added materials and discrete and integrated components, which include: polyurethane reticulated foam formulations, drawn wire, springs, formed metal products, and fiber components. Integrated component systems include transportation seating, motion mechanism systems, and bed builds.[6]
Leadership edit
Mark S. Jones, president and chief executive officer:[7]
References edit
- ^ a b c d [1] NCTechNews Manufacturing. Retrieved on June 3, 2013
- ^ [2] Dorothy Whitcomb, "Hickory Springs eyes innovation, diversification," BedTimes Magazine, March 2009. Retrieved on June 26, 2013
- ^ [3]"Hickory Springs restructures business units," BedTimes, March 2013. Retrieved on June 6, 2013
- ^ [4]"Hickory Springs acquires The C.E. White Co., City of Hickory North Carolina News, January 4, 2013.
- ^ [5]"Hickory Springs Breaks Ground on $1.5 Million Facility," RV Pro, April 26, 2013. Retrieved on June 19, 2013
- ^ [6] Hickory Springs Manufacturing Co., Inc.. Private Company Information, investing.businessweek.com
- ^ [7]"Series of Executive Level Changes at Hickory Springs Supports Corporate Restructuring," Furniture World, 3/14/2013. Retrieved June 24, 2013.