Daily News
From Home Furnishing Business
Spring Air International Mourns Death of Company CEO
July 17,
2024 by Karen Parrish in Industry, Obituaries 
Spring Air International, a Top 20 U.S. bedding manufacturer and widely known consumer brand, said that its long-time Chairman and CEO Eddie Bates, 75, died on Sunday in Fort Lauderdale, Florida, where he was living.
Bates is widely credited for being the architect of the current success of the Spring Air brand, which he repurchased in 2009 from HIG, a private equity firm that engineered the rollup of eight licensees in 2007, but then put the company into Chapter 11 two years later.
After purchasing the brand’s assets and intellectual property in Chapter 11, he embarked upon a campaign to re-engage licensees who had sold their companies during the rollup, as well as offering licenses to international manufacturers that had also left the fold.
“Eddie was a great visionary with a passion for how Spring Air would be a viable national brand alternative for retailers who were frustrated with offerings of the leading S brands. When Spring Air was destroyed by private equity, no one wanted to touch it. But Eddie had the vision and fortitude to see what it could be. He bought it at its low and led us to where we are today,” said Nick Bates, president of Spring Air International and Eddie’s nephew who joined the company in 2010.
“Eddie was like a second father to me. He brought me under his wing and mentored me from the factory floor into sales and into corporate leadership. I am grateful for his love, guidance and friendship. He will be sorely missed by me and the entire Spring Air family,” he added.
Bates entered the mattress business in 1972 when he started Atlas Bedding in Chelsea, Massachusetts. He would find discarded mattresses in local dumps and then fully refurbish and resell them. In 1983, Bates became the New England licensee of Spring Air because he wanted a national brand he could offer his growing list of retailers in Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont.
In 2019, he sold the New England license to C.M. Bedding, in Fall River, Massachusetts, a leading regional manufacturer that was founded in 2002 by David Nguyen. Today, that plant has grown into a 300,000-square-foot plant produces mattresses, box springs and pillows for retail, e-commerce and hospitality.
Bates is survived by his nephews Tyler and Nick, and wife, Acileide Bates, and her two children, Edson and Kathrynne Catherine.
A wake and funeral is planned for later in the week at McDonald-Finnegan Funeral Home in Stoneham, Massachusetts.