Nothing says good business in the bedding industry like opening a new plant. And we are seeing a rash of plant opening announcements these days, a sign that the bedding bounceback continues to accelerate.
The new plants are coming from legacy bedding brands and bedding newcomers, showing that optimism about the future is high across the industry and that domestic bedding production is on the upswing.
One of the biggest legacy brands, Tempur Sealy International, recently announced plans to open its 30th North American manufacturing facility.
The new facility is expected to open on the West Coast in the first quarter of 2021 and will be one of three new manufacturing facilities opening within a six-month period.
“The strong demand for bedding, and our products specifically, has continued into the third quarter, and we are optimistic about the fundamental trajectory of the business for the foreseeable future,” said Tempur Sealy CEO Scott Thompson. “We are facing capacity constraints on U.S. Sealy and Sherwood products that are limiting our ability to meet our customer demand. Sealy is the No. 1 mattress manufacturer in the U.S. based on volume and is experiencing double-digit growth, so this opportunity to open a new facility in the western region of the U.S. is well-timed.”
Thompson added that the company’s Tempur-Pedic brand is currently growing faster than Sealy in the U.S., but he said the Tempur-Pedic products are not capacity constrained.
Corsicana Mattress said it is investing more than $8.6 million to establish a new factory in La Porte, Ind. The 165,000-square-foot facility, which is expected to open in December, will house the company’s domestic boxed-bed manufacturing and is expected to employ 350 at full capacity.
“We have had significant growth in our boxed bed business and require a facility that is appropriately equipped with well-trained employees to provide the manufacturing efficiency to support that growth,” said Michael Thompson, Corsicana’s CEO.
When the permanent facility comes online in December, the company is expected to produce more than 1,500 domestically produced boxed beds per day, a level that will allow the company to reduce lead times for the category and ramp up to same-day shipping.
Also joining the new plant parade is Purple, a leading online mattress company, which saw its direct-to-consumer revenues increase by about 128% for the quarter ended June 30.
CEO Joe Megibow said the company’s positive momentum and its strong cash position is allowing it to invest in its growth, including a new 520,000-square-foot facility in Georgia opening later this year that will significantly expand its domestic manufacturing capacity over time.
And MLily USA announced it will open its second U.S. factory in Goodyear, Ariz., in December. The 643,748-square-foot factory will house mattress manufacturing, foam pouring and spring production, and it will employ 300 people at full capacity.
“We are seeing significant growth both in our branded products and in our private-label contract business,” said Stephen Chen, president. “The additional capacity will allow us to maintain our growth trajectory and continue to fulfill the growing demand for domestic-made mattresses, crafted by American workers.”
It’s nice to see these votes of confidence in a strong bedding outlook.
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