News

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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Natura World to Show New NexGel™ Collection in Las Vegas

Combining advanced comfort technologies with shape-conforming comfort of gel, Natura World plans to show its new, redesigned NexGel™ mattress collection at the upcoming Las Vegas Market, Jan. 30 – Feb 3, 2012. Different from other gel-infused mattresses on the market, NexGel incorporates a full layer of honeycomb gel columns to eliminate pressure point discomfort and...
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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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