Category Archives: Industry

Jamison Bedding to Close Georgia Factory

Jamison Bedding announced it will phase out its Albany, GA factory by March 1, 2012, in the effort to consolidate operations and maximize production capacity. The company will transition all customer deliveries, equipment and raw materials to its Gallatin Tennessee. Company president Frank Gorrell said, “the many measures we took over the past few years to...
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Magniflex Secures Permanent Showroom in Las Vegas

Magniflex has secured showroom C-1552 on the coveted bedding floor at the World Market Center in Las Vegas. And, just in time for the upcoming winter Las Vegas Furniture Market beginning on January 30th. “Over the last several years we have shown in a shared space,” said Magniflex Global Sales Director Marco Magni. “This move to...
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Cadllidus Capital Funds Supports Natura World with $7.8 Million in New Capital

Natura World filed a Notice of Intention (NOI) to make a proposal under the Bankruptcy and Insolvency Act with the Office of the Superintendent of Bankruptcy in Canada to restructure its business. The company also reached agreement with its lender, Callidus Capital of Toronto to provide $7.8 million (Canadian) in new financing. The plan will create...
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Gold Bond Expands Opening 50 New Accounts

Independent mattress manufacturer, Gold Bond, announced it opened 50 new accounts, expanding its sales territory South and West of its Connecticut base. Gold Bond’s long history in the mattress industry provides added confidence to retailers looking for independent brands. “Retailers at both Las Vegas Market and High Point recognize that the Gold Bond name is synonymous...
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