- 8 - to Cascade by an assignment document, which was recorded with the U.S. Patent and Trademark Office on March 19, 1979. The assignment conveyed to Cascade "all letters patent, domestic and foreign, which have issued or may issue thereon, whether said Letters Patent issued directly or by * * * division". Selling Mattresses Is a Seasonal Business The recreational mattress industry is a seasonal business; most of Cascade's sales were made in late spring and early summer, and most of its sales revenue was received between July and November. Consequently, its cash-flow was also seasonal, peaking in late fall and early winter. However, to meet the demands of the market during the peak sales season and to retain its experienced work force, Cascade had to manufacture mattresses year-round. Each year, the demand for Cascade's mattresses increased dramatically. To keep pace with the market's increased demand, each year Cascade manufactured more mattresses and increased its inventory of goods available for sale. This practice resulted in the exhaustion of its financial resources by late spring of every year. The Manufacturing Facilities For a short while, the first mattresses were manufactured in a grimy machine shop where the press to manufacture the mattresses had been made. Cascade required larger facilities toPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011