HSM (company)

HSM is an American company globally manufacturing materials and components for transportation, furniture, bedding and other markets. It is a privately held company that is family-owned, based in Hickory, North Carolina, where it was originally founded in 1944 by Parks Underdown as the "Hickory Springs Manufacturing Company."^[2] In May 2013, the firm announced it was being rebranded as "HSM."^[1]

HSM

Trade name	HSM
Company type	Private
Industry	Manufacturing
Founded	1944
Founder	Parks Underdown
Headquarters	Hickory, North Carolina , U.S.
Area served	Worldwide
Key people	Mark S. Jones President and CEO
Revenue	Undisclosed
Number of employees	2,500 (May, 2013)[1]
Divisions	HSM Transportation, Hickory Springs, PTI, Atlantic Automation Company
Website	www.hsmsolutions.com

The company operates 25 plants employing over 2,500 workers in 13 states.^[1]

Overview

In March 2013, the company restructured into four business units: transportation, furniture, bedding, and other markets.^[3] On May 6, 2013, a rebranding initiative consolidated several brand names and divisions under the trade name HSM, standing for "High-value Solutions Manufacturing."^[1]

The C.E. White Company was acquired in 2012 to add capabilities in bus seating.^[4] A Corporate Innovation and Technology Center opened in 2012, offering R&D in advanced materials and manufacturing processes . In April 2013, the company broke ground for a 10,000-square-foot, $1.5 million foam technology facility in Conover, North Carolina.^[5]

HSM produces polyurethane reticulated foam formulations, drawn wire, springs, formed metal products, and fiber components. Its integrated component systems include transportation seating, motion mechanism systems, and bed builds.^[6]

Leadership

Mark S. Jones, president and chief executive officer:^[7]