Author Archives

Amy DeArmond

Pegasus: Launching Growth through Aerospace Acquisitions

Leggett & Platt first took to the skies in 2012 when we entered the aerospace business, and we’ve been gaining altitude ever since. With sales reaching $150 million this year, L&P Aerospace continues to aim high –achieving lofty goals for revenue growth and extending our capabilities.

In February, L&P Aerospace made another giant leap forward with the acquisition of Pegasus Manufacturing, a Connecticut-based producer of fabricated tube and duct assemblies.

Similar to David Hart Aerospace Pipes (DHAP), Pegasus takes tubing manufactured by Western Pneumatic, Valley Metals, and Specitubes, and utilizes on-site welding, brazing, pressure testing, and other technologies to fabricate sophisticated assemblies for customers like Rolls-Royce, General Electric, Boeing and Airbus, Newport News Shipbuilders, and the US Government.

“Pegasus really fits multiple strategic needs,” explained Shannon Ukena, Director of Corporate Development. “This business takes us a step deeper into the supply value chain, gives us a new geographic foothold in a major aerospace hub in the Northeast, and opens us up to some complementary markets for our products.” Continue reading

Harry M. Cornell, Jr.: A Lifetime of Leadership

On May 16, our Corporate headquarters was dedicated as the Cornell Campus after Harry M. Cornell, Jr., whose legacy of honesty, commitment, and accountability defines our company culture to this day. The dedication included presentations from Leggett’s leaders, which detailed Harry’s remarkable contributions to the company. Future plans were also announced to erect a statue of Harry at the front office entrance.

As part of the dedication, Leggett unveiled a new sign at the campus entrance.

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