Here they are! L&P’s Emerging Leader Academy – Class of 2019 and Class of 2020!
We are so proud to host and learn alongside such a dedicated and diverse group of participants. It’s been a truly wonderful week!
The Emerging Leader Academy (ELA) annual conference is in full swing at our Corporate Headquarters! We’re hosting nearly 100 L&P employees from across the globe to network, learn from senior leaders, and improve business acumen. What a week it’s already been!
Whisper Step® is a luxury vinyl underlayment with unmatched, high-density support under luxury vinyl flooring, and here are two reasons why you need it:
1) It provides significant reduction to impact noise in the room.
2) It’s guaranteed not to break down or bottom out for the life of the floor!
It was a gorgeous spring morning for our annual meeting of L&P shareholders in Carthage, MO. And even better — it was the first official event in our brand new conference center!
As you shop the aisle of the local grocery or relax on the back patio of your house, hydraulic cylinders are probably the last thing on your mind – but this critical component is working behind the scenes in a variety of ways to make these things, and much more, possible.
“From construction applications to materials handling, we’re making people’s lives easier on a global basis,” explains Chris Barclay, President of Precision Hydraulic Cylinders (PHC).
Leggett & Platt’s acquisition of PHC this past January resulted in a natural fit between company cultures and methods of operation. Like many L&P products, PHC’s hydraulic cylinders comprise a small but vital piece in several end products. They are essential to the functionality of equipment like dump trucks, forklifts, truck mounted cranes, and aerial platforms.
Always Right, Always on Time
With over 45 years of experience, PHC has proven design and technical support capabilities. But the hydraulic cylinder market also requires highly flexible manufacturing capabilities. Given the large number of configurations available on just one single forklift model, it’s not surprising that PHC’s customers require short lead times on a large product line that are usually built to order.
“PHC is selling a lot more than a high-quality hydraulic cylinder at a good price – we’re offering complete integration with our customer’s manufacturing process,” says Chris.
Providing just-in-time delivery for customers’ assembly-line style manufacturing requires a lot of coordination and sequencing within PHC’s own manufacturing process. But PHC’s commitment to provide the right product on time has enabled them to continue to capture and dominate within the market.
Platform for Growth
The recent boom in e-commerce, and the resulting increase in distribution centers, is driving higher demand for hydraulic cylinders for materials handling equipment. The rest of the hydraulic cylinder market is equally rife with opportunity and PHC is poised to benefit. With manufacturing locations in North Carolina, the United Kingdom, and India servicing mostly regional customers, PHC has a lot of room to grow in other regions of the world.
“Not only is there potential for geographic expansion, but PHC has a breadth of capabilities that enable it to further penetrate adjacent growing markets, including construction equipment, cranes and aerial work platforms,” explains Ryan Kleiboeker, Director of Business Development for Specialized Products. “L&P has the global operating expertise to help guide PHC’s expansion into these areas, as well as a willingness to invest in the technical manufacturing capabilities to make PHC even more competitive.”
Chris adds, “Being a part of L&P affords us an opportunity to grow the business in a more aggressive way and with confidence that we can effectively support that growth globally.”
Leggett & Platt Adjustable Bed Bases are the ideal centerpiece for your customized bedroom haven. This particular base, named the Prodigy™ 2.0 +, caters to your wellness and provides added lumbar support.
With the touch of a button, the bed adapts to whatever position you desire, effortlessly increasing your comfort. Um, yes please!
Here’s a throwback for your Thursday! A company truck at the Louisville plant loads up for deliveries.