Spencer N Enterprises

Spencer N. Enterprises Inc. has come a long way - in a rather brief time - from its earliest days making and selling pillows from a garage. One year since undergoing a recapitalization by Texas-based Ancor Capital Partners and 21st Century Group, the fashion decorative pillows and soft window treatments company is in the midst of expanding its infr... astructure to accommodate ongoing growth, which so far this year alone translates to high double-digit sales increases. "We've grown 30% since 2008," said Joy Stewart, president, adding that Spencer's dec pillow sales for 2010 to date are "substantially greater" than last year's, and its soft window treatment numbers may be high enough by yearend to take the company into HTT's Top 5 list for the product category. "We believe we are doing so well because we know fashion - we always have," she continued. "And we have loved this year because fashion is back, and we are poised to become the fashion kings of the industry." At the heart of Spencer's expansion is the company's new 100,000-plus square-foot facility at its Los Angeles headquarters. This new site includes offices, a 5,000-square-foot showroom, a newly enhanced IT operation that has grown from two to 10 staffers, a warehousing operation and a manufacturing facility. To that end, Spencer is installing this fall new high-tech polyester blow-fill equipment as a means of increasing "our flexibility," Stewart explained. "The cost of filling a pillow in China has about doubled," she went on. "We are so excited about this new equipment because it increases our flexibility. The cost of shipping a pillow in China has doubled, so by filling it here we reduced our costs. We are always finding ways to be more flexible in our operations." At the helm of Spencer Enterprises: Steven Paradis, evp, design and product development; and Joy Stewart, president. The company is enhancing its infrastructure this year to support its high double-digit sales growth. On that same page, the company is also adding new conveyor belt and ...Read More