HoMedics, Inc. · Commerce Township, MI United States
Company Description
Phone: 248-863-3000
Fax: 248-863-3100
Toll Free: 800-466-3342
View HoMedics, Inc. Locations On A US Map
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This link will open in a new window HoMedics aims to bring the medical and spa worlds into your home. The company makes hot/cold compression wraps, footbaths, dental appliances, sensory relaxation systems, magnetic therapy products, electronic massage systems, and other personal care products. Its brands include HoMedics, Taylor, and Salter. HoMedics jumped into the therapeutic bedding market with a line of pillows, toppers, mattresses, and protective bedding such as its DreamShield. The company distributes its products to major department stores, discount and specialty stores, and drugstores nationwide and in more than 60 countries. HoMedics was primarily a manufacturer of back and body massagers when it was founded in 1987. To read the full description, subscribe now.
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Key HoMedics, Inc. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| Employees | 300 |
HoMedics, Inc. Executives
7 executives listed for HoMedics, Inc.'s Commerce Township, MI location.
| Title | Name & Bio | Contact |
| CEO | Alon Kaufman | Network |
| President | Ron Ferber | Network |
| CFO | Bill Carroll | Network |
Competition
Competitive Landscape for HoMedics, Inc.
The volume of home furniture sold depends heavily on the level of home sales, while office furniture sales depend on the health of the US economy. The profitability of individual companies is closely linked to volume, since many costs are fixed. Small companies can compete effectively if they produce specialty items or high-quality workmanship that can sell for a premium price. Imports are a major competitive factor, totaling more than $26 billion a year, and many US manufacturers have factories overseas, where labor and production costs are lower than in the US. Foreign competition and production overcapacity have combined to keep prices low. Additionally, despite automation, the made-to-order nature of much of the business means that the industry is fairly labor-intensive: average annual revenue per worker is around $250,000. To read the full description, subscribe now.Top HoMedics, Inc. Competitors
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