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  September 5, 2001
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Home > Company Index > Consumer Products-Durables  > Home Furnishings > Springs Industries, Inc.

Springs Industries, Inc.
NYSE: SMI
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 PROFILE
Watch out -- Springs Industries wants to cozy up in your bedroom. The company makes sheets, pillows, shower curtains, bedspreads, towels, and bath rugs under the Springmaid and Wamsutta brands. Springs also makes infant apparel, fabrics, and window blinds and hardware (Bali, Graber brands). The company makes private-label items for Wal-Mart and Target, and licensed brands such as Disney and John Deere. Springs sells through department stores, mass retailers, catalogs, and outlet stores. The Close family, descendants of co-founder Leroy Springs (whose great-great granddaughter Crandall Close Bowles is CEO), owns about 41% of the company and is joining with Heartland Industrial Partners to take Springs private.

 COMPETITION
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 2,275.10
1-Yr. Sales Growth: 2.5%
Employees: 18,200
Revenue per employee: $125,005.49

 KEY PEOPLE
• Crandall Close Bowles
    CEO
• Jeffrey A. Atkins
    CFO

 CONTACT INFO
205 N. White St.
Fort Mill, SC 29715
US
Phone: 803-547-1500
Fax: 803-547-1636
Online: Web Site

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