This material may not be published, broadcast, rewritten, or redistributed. Copyright 2021 Scripps Media, Inc. All rights reserved. The Company's products are sold worldwide through third party retailers, its own stores, and online. Data Provided by Refinitiv. Subject to closing conditions,. Company is located in the register under the national Company number 1222124. by chris.bcs | Jun 9, 2021 | Economic Development | 0 comments. The company is planning to invest more than $138 million to build a brand new 700,000-square-foot facility on 130 acres in Crawfordsville. The announcement of a nationally-recognized manufacturers new location in Crawfordsville is exciting news for the county. Sealy is the number one mattress manufacturer in the U.S. based on volume1and is experiencing double digit growth, so this opportunity to open a new facility in the western region of the U.S. is well-timed. Bedding products provider Tempur Sealy International (TPX) has selected Crawfordsville, Indiana, as the location for its third domestic foam pouring facility. The company will start filling positions at the Crawfordsville facility later this year, according to IEDC. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. The facility, which. As a leading designer, manufacturer, distributor, and retailer of bedding products worldwide,. 2023 Tempur-Pedic Management, LLC All Rights Reserved. Contact Hiring HoosiersIf you have story ideas or would like to learn more about Hiring Hoosiers, contact us via email at hiringhoosiers@wrtv.com. As a global leader in the design, manufacture and distribution of bedding products, we know how crucial a good night of sleep is to overall health and wellness. A Turnkey Approach to Manufacturing Location Decisions; In Focus: The Effects of the Pandemic on Industrial Design; Mitigate the Risks of Supply Chain Disruption; Shoring Up Operations for Growth; Tempur Sealy International, Inc. will locate its third domestic foam-pouring plant in Crawfordsville, Indiana. Montgomery County Presents Annual Report and State of the County Speech, Ribbon Cutting Signifies Completion of Nucor Road Water Infrastructure Project, Montgomery County Growth Brings New Job Opportunities. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made. World headquarters for Tempur Sealy International is in Lexington, KY. For more information, visithttp://www.tempursealy.comor call 800-805-3635. Manufacturing & Industrial . Type Public Founded 1992 HQ Lexington, KY, US | view all locations Website http://www.tempursealy.com/ Cybersecurity rating ESG rating Such statements might include information concerning one or more of the Company's plans, objectives, goals, strategies, and other information that is not historical information. Aubrey MooreInvestor RelationsTempur Sealy International, Inc.800-805-3635[emailprotected], Cision Distribution 888-776-0942 CRAWFORDSVILLE, Ind. Caso continue recebendo esta mensagem, Popular Locations. CRAWFORDSVILLE Tempur Sealy International Inc. announced Tuesday its plans to open a new production facility in Montgomery County. The Company's brand portfolio includes many highly recognized brands in the industry, including Tempur, Tempur-Pedic, Sealy featuring Posturepedic Technology, and Stearns & Foster. 7. Give Light and the People Will Find Their Own Way. In the last 10 years, Tempur Sealy has donated more than $100 million in mattresses to military personnel, first responders, disaster relief efforts and more. The Company's brand portfolio includes many highly recognized brands in the industry, including Tempur, Tempur-Pedic, Sealy featuring Posturepedic Technology, and Stearns & Foster. Crawfordsville has been selected as the site for Tempur Sealys third domestic foam-pouring plant. If you continue to see this SEALY MATTRESS MANUFACTURING COMPANY, LLC is a business legal entity registered in compliance with the national legislation of the State of Connecticut under the legal form of Foreign Limited Liability Company. We selected this location based on the robust business climate fostered by the state and local government, the quality of life the city of Crawfordsville provides its citizens and the property's access to major transportation routes.". Tempur Sealy Chairman and CEO Scott Thompson said, This facility underpins our commitment to expanding our global manufacturing footprint to fulfill the projected long-term demand trajectory for our industry-leading products and support our growth initiatives., Thompson added, The facility will have the capabilities to manufacture a wide variety of bedding products and components for branded and non-branded operations, including Tempur-Pedic, Sealy, Stearns & Foster, and OEM mattresses. (See Tempur Sealy stock analysis on TipRanks). The data presented on this page does not represent the view of Tempur Sealy International and its employees or that of Zippia. In the last 10 years, Tempur Sealy has donated more than $100 million in mattresses to military personnel, first responders, disaster relief efforts and more. World headquarters for Tempur Sealy International is in Lexington, KY. For more information, visit http://www.tempursealy.com or call 800-805-3635. - Supports Number One U.S. Mattress Brand, Sealy. We have and are implementing programs consistent with our responsibilities. In retrospect, computers did eliminate many jobs, but for each job they eliminated, more than five were created in the technology industry. per informarci del problema. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. Subject to closing conditions, the construction on the 130-acre site is expected to begin in the third quarter of 2021. Longer-term, in our view, there continue to be a handful of positive fundamentals that position Tempur Sealy well to continue to post strong results and deliver favorable shareholder returns.. Save my name, email, and website in this browser for the next time I comment. This new facility's location in the Midwest complements the Company's existing manufacturing footprint and is expected to enhance the Company's ability to service its Northeast customers. Need to find a different location? The company develops, manufactures and markets mattresses, adjustable bases, pillows and other sleep and relaxation products. The first phase of construction is planned for approximately 700,000 square feet, with the ability to double its capacity over time and to expand to a final size of approximately 1 million square feet in the future. The new plant is expected to be the largest Tempur Sealy manufacturing facility in the world and will be located here in Montgomery County. Listing for: Tempur Sealy International, Inc. Full Time position. These expansion phases will make the site Tempur Sealys largest manufacturing facility in the world. Apply for the Job in Director of Manufacturing at Plainfield, IN. Construction is slated to begin in the fall. POSTED ON 2/3/2023 AVAILABLE BEFORE 8/1/2023. Other potential risk factors include the risk factors discussed under the heading "Risk Factors" in Part I, ITEM 1A of the Company's Annual Report on Form 10-K for the year ended December31, 2019 and in Part II, ITEM 1A of the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2020. The new plant, spread over a. What We're . Tempur Sealy Chairman and CEO Scott Thompson commented, After a thorough site search and evaluation process, we have identified Crawfordsville, Indiana as the ideal location for our new operations. Si continas recibiendo este mensaje, infrmanos del problema 3.50 2019 5.00 2020 4.33 2021 Such statements might include information concerning one or more of the Company's plans, objectives, goals, strategies, and other information that is not historical information. These risk factors include the impact of the macroeconomic environment in both the U.S. and internationally on the Company's business segments and expectations regarding growth of the mattress industry; risks associated with the duration, scope and severity of COVID-19 and its effects on the Company's business and operations, including the disruption or delay of production and delivery of materials and products in the Company's supply chain; the impact of travel bans, work-from-home policies, or shelter-in-place orders; a temporary or prolonged shutdown of manufacturing facilities or retail stores and decreased retail traffic; uncertainties arising from global events, natural disasters or pandemics; the effects of strategic investments on the Company's operations, including efforts to expand its global market share; the efficiency and effectiveness of the Company's advertising campaigns and other marketing programs; consumer acceptance of the Company's products; general economic, financial and industry conditions, particularly conditions relating to liquidity, financial performance and related credit issues present in the retail sector; financial distress among the Company's business partners, customers and competitors, and financial solvency and related problems experienced by other market participants, any of which may be amplified by the effects of COVID-19. Our highly recognized brands include Tempur-Pedic, Sealy and Stearns & Foster and our non-branded offerings include value-focused private label and OEM products. These risk factors include the impact of the macroeconomic environment in both the U.S. and internationally on the Company's business segments and expectations regarding growth of the mattress industry; risks associated with the duration, scope and severity of COVID-19 and its effects on the Company's business and operations, including the disruption or delay of production and delivery of materials and products in the Company's supply chain; the impact of travel bans, work-from-home policies, or shelter-in-place orders; a temporary or prolonged shutdown of manufacturing facilities or retail stores and decreased retail traffic; uncertainties arising from global events, natural disasters or pandemics; the effects of strategic investments on the Company's operations, including efforts to expand its global market share; the efficiency and effectiveness of the Company's advertising campaigns and other marketing programs; consumer acceptance of the Company's products; general economic, financial and industry conditions, particularly conditions relating to liquidity, financial performance and related credit issues present in the retail sector; financial distress among the Company's business partners, customers and competitors, and financial solvency and related problems experienced by other market participants, any of which may be amplified by the effects of COVID-19. Construction will be funded from operating cash flow. from 8 AM - 9 PM ET. We selected this location based on the robust business climate fostered by the state and local government, the quality of life the city of . The company is looking to hire for management, supervisory, and administrative roles. Tempur Sealy Expands U.S. Manufacturing Capacity, http://www.prnewswire.com/news-releases/tempur-sealy-expands-us-manufacturing-capacity-301307162.html. Builder $15.34 per hour Manufacturing Engineer $90,000 per year Explore more salaries Tempur + Sealy ratings in Plainfield, IN Rating is calculated based on 6 reviews and is evolving. Description. View original content:http://www.prnewswire.com/news-releases/tempur-sealy-announces-third-new-manufacturing-facility-301115248.html. Tempur Sealy International. CRAWFORDSVILLE Tempur Sealy International Inc. announced Tuesday its plans to open a new production facility in Montgomery County. Numerous factors, many of which are beyond the Company's control, could cause actual results to differ materially from any that may be expressed herein as forward-looking statements. There may be other factors that may cause the Company's actual results to differ materially from the forward-looking statements. The Company develops, manufactures and markets mattresses, adjustable bases, pillows and other sleep and relaxation products. This new facility's location in the Midwest complements the Company's existing manufacturing footprint and is expected to enhance the Company's ability to service its Northeast customers. envie um e-mail para Warehouse Worker $18.63 per hour Truck Driver $73,000 per year Manufacturing Specialist $19.30 per hour Explore more salaries Tempur + Sealy ratings in Hagerstown, MD These risk factors include the risk factors discussed under the heading "Risk Factors" in ITEM 1A of Part 1 of the Company's Annual Report on Form 10-K for the year ended December 31, 2020. The Company's products are sold worldwide through third party retailers, its own stores, and online. Required fields are marked *. . Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de When used in this release, the words "expects," "will," "should," "would" and variations of such words or similar expressions are intended to identify such statements. Onze Were thrilled Tempur Sealy International has selected Montgomery County as the destination for its state-of-the-art foam pouring facility, said John Frey, president of Montgomery County Commissioners. See insights on Sealy Corporation including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Any forward-looking statements contained herein are based upon current expectations and beliefs and various assumptions. Based on 6 Buys and 2 Holds, consensus among analysts is a Strong Buy. The facility will bring new job opportunities from the construction phase through operation, and help further draw the interest of site-selectors of great companies to continue economic growth throughout our area. 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