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Tempur-Pedic

Coordinates: 38°05′20″N 84°31′08″W / 38.0888°N 84.5190°W / 38.0888; -84.5190
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Tempur-Pedic International Inc.
Company typeSubsidiary
IndustryMattresses and Pillows
Founded1992; 32 years ago (1992)
HeadquartersColdstream Research Campus,
Lexington, Kentucky,
United States
ParentTempur Sealy International
(2012–present)
Websitetempurpedic.com

Tempur-Pedic International, Inc., now part of Tempur Sealy International, is a manufacturer and distributor of mattresses and pillows made from viscoelastic foam. The company is headquartered on the Coldstream Research Campus in Lexington, Kentucky and has manufacturing plants in Duffield, Virginia and Albuquerque, New Mexico.[1][2]

Tempur was originally based on NASA's research to develop a material that would cushion aircraft seats and improve survivability in the event of an accident.[2][3]

The first Tempur-Pedic mattress was introduced by Fagerdala World Foams, a Swedish technical foam firm. The brand was brought to the United States in 1992 and the company Tempur-Pedic, Inc. was founded.[4] Nine distributors of Fagerdala, including Tempur-Pedic, Inc., merged in 1999 to form Tempur World holding company, reformed in 2002 as Tempur-Pedic International Inc. The company went public in 2003.[5] In 2012, Tempur-Pedic and Sealy Corporation announced plans to merge to form "the world's largest bedding company."[6] Tempur-Pedic paid $228.6 million, but the two companies will operate separately.[7]

Tempur-Pedic won a 2009 Electronic Retailing Association (ERA) award for direct marketing.[8]

In 2010, Tempur-Pedic announced its alliance with Ronald McDonald House Charities.[9] Tempur-Pedic began outfitting four U.S. Ronald McDonald Houses with beds in 2009.[10]

See also

References

  1. ^ "What we believe". Tempur-Pedic North America, LLC. Retrieved 2014-06-22.
  2. ^ a b "Tempur+Sealy: Investor FAQ". Tempur-Pedic Management, LLC. Retrieved 2014-06-22.
  3. ^ "NASA spinoff database". Sti.nasa.gov. Retrieved 2012-07-12.
  4. ^ "Business Week, August 15th, 2008". Businessweek.com. 2005-08-14. Retrieved 2012-07-12.
  5. ^ "Tempur-Pedic is IPO of the week". MarketWatch. Retrieved 27 November 2015.
  6. ^ Mason, Nick. "Tempur-Pedic User Reviews". sleepaider. Retrieved 27 November 2015.
  7. ^ Richard M. Barron, "Tempur-Pedic buys Trinity-based Sealy for $228.6 million in cash," News & Record, September 28, 2012.
  8. ^ "ERA Announces Winners of Its Annual Awards Honoring Industry's Best Direct Response Campaigns". Digitalproducer.digitalmedianet.com. 2009-09-17. Retrieved 2012-05-21.
  9. ^ "Tempur-Pedic(R) Joins Forces With Ronald McDonald House Charities(R)". Kentucky: PR Newswire. Retrieved 2012-07-12.
  10. ^ "Tempur-Pedic Expands Support Of Ronald McDonald House Charities® (RMHC®) (NYSE:TPX)". investor.tempurpedic.com. Retrieved 7 December 2017.

38°05′20″N 84°31′08″W / 38.0888°N 84.5190°W / 38.0888; -84.5190