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Sealy Will Raise Prices on Some Product
October 25,
2007 by in UnCategorized
By Home Furnishings Business in Bedding on October 2007
Bedding major Sealy, Trinity, N.C., announced Thursday that it will increase wholesale prices on select items due to recent production cost increases associated with fire-retardant materials and foam, steel and rising delivery costs.
“Every business in our industry has been affected by factors like higher fuel costs and material costs, and significant investments to meet the new flame-resistant regulation for mattresses,” said Larry Rogers, president of Sealy North America. “This price increase allows us to continue on a path of growth while remaining competitive in the marketplace.”