Top 10 bedding producer Therapedic International said STRESS-O-PEDIC™ Mattress Company, one of the largest independent bedding manufacturers on the west coast, will become its licensee for the region. STRESS-O-PEDIC adds an important geographical presence to Therapedic's growing national reach. The company will represent Therapedic in the southwest, including the majority of California, Arizona and Southern Nevada.
"It's exciting for Therapedic to have someone like Michael Mulligan at STRESS-O-PEDIC represent our brand. Our compatibility in terms of industry experience, values, and business ethics made this the quickest licensing deal Therapedic has ever signed," said Therapedic President and CEO Gerry Borreggine. "We have been searching to find a company in our southwest territory whose goals and capabilities matched Therapedic's culture and philosophy. STRESS-O-PEDIC fills that void and I am thrilled to welcome them into the Therapedic family."
STRESS-O-PEDIC Mattress Company is a regional leader in creating premium sleep products at affordable prices. Known for fusing the latest technology with traditional, handcrafted techniques, the company has been producing innovative mattresses in its state of the art manufacturing facility in Ontario, CA for more than 30 years.
"I am thrilled to join a prestigious brand like Therapedic," said STRESS-O-PEDIC CEO Michael Mulligan. "We considered several business opportunities before deciding to become a Therapedic licensee, whose strong brand recognition among consumers and extensive industry experience gives us the ability to grow our business exponentially."
Therapedic International is a 55-year-old mattress and sleep products manufacturer, with over 50 licensees producing products under the Therapedic brand label throughout the world. It is a recognized top-10 mattress brand, and has significantly increased its brand awareness and distribution in the related sleep products categories over the past five years.
Source:
http://www.furninfo.com/Furniture%20Industry%20News/789
