HSM (company)

HSM
HSM
Company typePrivate
IndustryManufacturing
Founded1944
FounderParks Underdown
Headquarters
Hickory, North Carolina
,
U.S.
Area served
Worldwide
Key people
Mark S. Jones President and CEO
RevenueUndisclosed
Number of employees
2,500 (May, 2013)[1]
DivisionsHSM Transportation, Hickory Springs, PTI, Atlantic Automation Company
Websitewww.hsmsolutions.com

HSM is an American company globally manufacturing materials and components for transportation, furniture, bedding and other markets. It is a privately held company that is family-owned, based in Hickory, North Carolina, where it was originally 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]

The company operates 25 plants employing over 2,500 workers in 13 states.[1]

Overview

In March 2013, the company restructured into four business units: transportation, furniture, bedding, and other 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 polyurethane reticulated foam formulations, drawn wire, springs, formed metal products, and fiber components. Its integrated component systems include transportation seating, motion mechanism systems, and bed builds.[6]

Leadership

Mark S. Jones, president and chief executive officer:[7]

References

  1. ^ a b c d [1] NCTechNews Manufacturing. Retrieved on June 3, 2013
  2. ^ [2] Dorothy Whitcomb, "Hickory Springs eyes innovation, diversification," BedTimes Magazine, March 2009. Retrieved on June 26, 2013
  3. ^ [3]"Hickory Springs restructures business units," BedTimes, March 2013. Retrieved on June 6, 2013
  4. ^ [4]"Hickory Springs acquires The C.E. White Co., City of Hickory North Carolina News, January 4, 2013.
  5. ^ [5]"Hickory Springs Breaks Ground on $1.5 Million Facility," RV Pro, April 26, 2013. Retrieved on June 19, 2013
  6. ^ [6] Hickory Springs Manufacturing Co., Inc.. Private Company Information, investing.businessweek.com
  7. ^ [7]"Series of Executive Level Changes at Hickory Springs Supports Corporate Restructuring," Furniture World, 3/14/2013. Retrieved June 24, 2013.