Leggett & Platt innovations recognized in national survey

Carthage's Fortune 500 company Leggett & Platt has been named one of the top 35 innovative companies by the Patent Board's Consumer Products Scorecard, in conjunction with the Wall Street Journal:

According to the Consumer Products Patent Scorecard published in The Wall Street Journal’s Money & Investing section on May 6, Leggett & Platt ranks among the Top 35 Innovative Companies in the Consumer Products industry sector. Other companies listed alongside Leggett in the Top 35 for consumer products are Black & Decker, LG Electronics and Procter & Gamble Co.

“It is an honor to be listed among such distinguished company by The Wall Street Journal,” said Mark Quinn, group executive vice president of sales and marketing for Leggett & Platt’s bedding division.

The Consumer Products Patent Scorecard is primarily ranked by Technology Strength, a measure to indicate overall strength of the company’s patent portfolio holdings with a combined measure of quality and quantity. Of the 115 companies tracked in this sector, Leggett & Platt ranks in the top third of its industry, rating higher than 70 percent of its competitors.

In addition to Technology Strength, each company’s portfolio is judged on the number of U.S. patents granted in a given year.