Simmons Company stock certificate 1971 (Delaware)

Uncommon piece!  Great vignette of the the company's founder, Zalmon Simmons. Bottom corporate seal has the phrase, "1/3 your life is spent in bed". Issued and perf cancelled. Dated 1971. Approximately 12 x 8 inches.

The Simmons Company was an American major manufacturer of mattresses and related bedding products, based in Atlanta, Georgia. The company was founded in 1870. Simmons' flagship brand is Beautyrest. In addition to operating 18 manufacturing facilities in the United States and Puerto Rico, the company licenses its products internationally.

In 1870, Zalmon G. Simmons opened his first factory in Kenosha, Wisconsin. He started out by manufacturing wooden telegraph insulators and cheese boxes. He branched into making bedsprings after receiving a patent for a woven-wire bedspring in payment of a debt. In 1876, Simmons became the first manufacturer to mass-produce woven wire mattresses. By 1889, with the introduction of spiral coil springs into woven mattresses, Simmons' mattress prices dropped from $12 to 95 cents. The business was incorporated in 1884 as the Northwestern Wire Mattress Company, adopting Simmons Manufacturing Company as its name in 1889. Simmons Company incorporated in 1915.

In 2011, Simmons ranked in third place among U.S. mattress manufacturers, with a 15.7 percent market share. In 2012, Simmons and its sister company Serta International were acquired by American private equity company Advent International. As of 2022, Simmons is a subsidiary of the American company Serta Simmons Bedding, LLC of Doraville, Georgia. On January 23, 2023, Serta Simmons Bedding filed for Chapter 11. The company successfully completed its financial restructuring and emerged from Chapter 11 on June 29, 2023, continuing to operate normally.

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