Friday, April 13, 2018

Mattress manufacturers optimism grows despite intense competition

All the recent news points to improving business opportunities and manufacturers are ramping up for it. In a nationwide survey of manufacturers reported this week, small manufacturers are expressing record high optimism right now...
"...More than 93% of manufacturers have a positive outlook on their company’s prospects in the U.S. economy – the second-highest level ever recorded by the National Association of Manufacturers – its most recent quarterly survey revealed.

Meanwhile, optimism among small manufacturers was at its highest level ever recorded throughout the survey’s 20 year history; 94.5% of companies reported that they were positive about their future..." (Read full story at Fox Business: https://www.foxbusiness.com/markets/trump-says-tax-cuts-allow-workers-to-pocket-more)
All of this optimism appears to be true of the mattress industry too, according to Furniture Today magazine:
"...Strong attendance at the recent International Sleep Products Assn. Expo indicates a growing sense of optimism in the industry, ISPA officials said.

ISPA reported that the expo, held last month in Charlotte, N.C., was one of the largest and most successful shows it has ever held..."  (Read full story at Furniture Today: http://www.furnituretoday.com/article/552466-ispa-expo-turnout-shows-bedding-optimism-increasing/?utm_content=69912013&utm_medium=social&utm_source=twitter)
GSG was witness to this optimism in our show space at ISPA EXPO as visitors came looking for ways to enhance their products and methods. Crowds had a great response toward our new Gribetz Spectrum mattress quilt machine. Gribetz engineer, Michael James, hosted a series of presentations in the booth that define key leaps in mattress construction during his 35-year career in the industry. Our booth guests enjoyed hearing from Michael, but they were mostly enthusiastic about the new, unique styles this machine can create.
Michael James, 35-year industry veteran Gribetz Engineer,
hosted industry talks at ISPA EXPO 2018.
While optimism runs high in the mattress industry, so does challenging competition, and everyone wants differentiation to set themselves apart from others. Our customers acknowledged that this unique quilt machine is ideal for just that! The Spectrum has 15 independent sewing heads that can automatically switch to different patterns for the most efficiently produces stylish quilt panels in the industry.
The Spectrum uses Targeted Pattern Placement technology to create quilted mattress panels with a unique combination of pattern designs.
There's much more it can do. Take a look at this video, and visit the Spectrum web page at www.gsgcompanies.com.