Leggett & Platt Incorporated
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2004 Annual Report
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Cover page Leggett is here Financial Highlights Letter Segment Overview Financials Leadership Investor Info
04 Annual Report >> Segment Review : Residential | Commercial | Aluminum | Industrial | Specialized   Glossary
  Commercial Fixturing & Components  
 
Our second largest segment encompasses three areas. We are the market leader in design and production of store fixtures, point-of-purchase displays, and storage products used by retailers. In addition, we are the leading independent producer of chair controls, bases and other components for office furniture manufacturers. We also produce injection molded plastic components, used in a wide variety of end products.

Competitive Advantages
Our Fixture & Display group is the industry’s only one-stop supplier, with broad capabilities that include design, production, installation, and project management. We are by far the largest producer in the industry, with internal production of critical raw materials, and flexibility in sourcing through our own nationwide network of facilities and our established relationships with foreign manufacturers. Our financial stability ensures customers that we can weather economic downturns and be there for them in the future.

Technical and design capabilities allow us to continue developing new, innovative products in our businesses that supply office furniture components and plastics. Other advantages include a broad product line, low-cost production capability, longstanding customer relationships, and a leading market position.

Key Strategies
Our Fixture & Display business strategy is to be the industry’s premier, most financially stable, and most customer-oriented one-stop supplier of fixture and display products. Our focus is to increase volume within current markets and also to look for opportunities to expand into new, related markets.

In our businesses serving office furniture manufacturers and users of plastic components, we will continue to develop new products and pursue opportunities to supply more components to customers. We will also continue to make strategic acquisitions that add new products or expand operations into new regions of the world.

Major Product Groups
• Shelving, racks, and display cases
• Point of purchase displays
• Chair controls and bases
• Plastic components
 
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