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HSM | |
Company type | Private |
Industry | Manufacturing |
Founded | 1944 |
Founder | Parks Underdown |
Headquarters | , U.S. |
Area served | Worldwide |
Key people | Mark S. Jones President and CEO |
Revenue | Undisclosed |
Number of employees | 2,500 (May, 2013) [1] |
Divisions | Transportation, Furniture, Bedding, Diversified |
Website | www.hsmsolutions.com |
HSM is an American company globally manufacturing materials and components for transportation, furniture, bedding and other markets. The closely held, family-owned firm is based in Hickory, North Carolina where it was 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]
The company operates 25 plants employing over 2,500 workers in 13 states. [1]
In March 2013, the company restructured into four business unit: transportation, furniture, bedding, and diversified 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 value-added materials and discrete and integrated components, which include: polyurethane reticulated foam formulations, drawn wire, springs, formed metal products, and fiber components. Integrated component systems include transportation seating, motion mechanism systems, and bed builds. [6]
Mark S. Jones, president and chief executive officer: [7]