Restonic Announces a New Licensing Agreement with Salt Lake Mattress & Mfg. Co.
Furniture World News Desk on
12/9/2019
Restonic Mattress Corporation and Salt Lake Mattress & Mfg. Co. have entered into a licensing agreement. Under the terms of the agreement between the two companies, Salt Lake Mattress will increase Restonic’s footprint of manufacturing facilities to 13, which distribute the Restonic family of brands across the United States.
“We’re very excited to begin our journey with Salt Lake Mattress, aligning our mutual heritage of providing exceptional products, customer service and retail support with a forward focus on growth in today’s ever-fluid marketplace,” said Ron Passaglia, CEO and President of Restonic. “With the combined power of our brands, which includes Scott Living, Biltmore and our Consumer’s Digest award-winning Restonic ComfortCare, we’re confident we’ll enjoy a long and successful partnership.”
Salt Lake Mattress, based in Salt Lake City, Utah, has been manufacturing bedding products for the Intermountain West since 1892. Curt Crowther purchased the company in 1985. He credits their success to being a local business that services the needs of small and large retailers, with the ability to make smart, timely decisions easily.
“Joining Restonic is a strong strategic move and affords us the opportunity to diversify and supply our retailers with the power of the Restonic brand, which includes nimble flexibility, customization and strong retailer support,” said Crowther. “We owe our success to the efforts of our retail base and we’re looking forward to offering them Restonic products to help grow their businesses.”
In 2018, the US Census Bureau ranked Utah as the third fastest growing state in the US (just slightly behind Nevada and Idaho), stating that 43% of growth is attributed to people moving to the state. Together, Restonic and Salt Lake Mattress are excited to capitalize on this growing market.
Restonic, a top 10 bedding producer, is represented in more than 50 countries worldwide. A multiple year winner of the Consumer’s Digest Best Buy Award, as well as the first and longest consecutive winner of the Women’s Choice Award, Restonic has contributed to good nights worldwide for more than 80 years.
About Restonic: Restonic is guided by the principle that getting a healthy night’s sleep is a right, not a privilege: this means that every Restonic mattress is crafted with better quality materials and greater attention to detail than comparably priced mattresses from competitive brands. Restonic Mattress Corporation is a leading international bedding company with manufacturing facilities throughout the world, including North America, Mexico, the Far East, Europe, India, Brazil, Middle East, South Africa and Australia.