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Leggett & Platt stock was first traded over the counter in 1967. Twelve years later, on June 25, 1979, top management was present in New York City to witness the stock's first day listed on the New York Stock Exchange. In 1999, the company became part of the S&P 500 Index. Today, Leggett & Platt has 135 manufacturing facilities in 18 countries.
The company manufactures the Sleep Number® bed, an adjustable air mattress.The "Sleep Number® setting" is a setting that adjusts the firmness or softness of the mattress on each side of the bed using air pressure (dual air chambers, one on each side), with higher numbers (up to 100) denoting higher pressure and more firmness, and lower numbers denoting less pressure and more softness.
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Other common features include height adjustment and tilting the bed to raise the upper body or the lower body into the Trendelenburg or reverse Trendelenburg positions. [2] The market for motorized adjustable bed bases is expanding, as the mattress industry has begun to heavily promote them to consumers as a comfort and lifestyle choice. [3]
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