Tempur Sealy Expands Manufacturing Capacity, Selects Indiana for New Plant

June 9, 2021  by Laurie Northington in Business Strategy, Industry   

The new state-of-the-art plant is expected to be the largest Tempur Sealy manufacturing facility in the world. Subject to closing conditions, the construction on the 130-acre site is expected to begin in the third quarter of 2021. 

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. The first phase 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, which would make it Tempur Sealy's largest manufacturing facility in the world. Production is expected to begin in 2023, and Tempur Sealy plans to hire approximately 300 local employees to staff the facility. Construction will be funded from operating cash flow.

"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,” said Scott Thompson. “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."

"After a thorough site search and evaluation process, we have identified Crawfordsville, Indiana as the ideal location for our new operations,” added Thompson. “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."

Additionally, the company recently opened a Sealy plant in Dallas, Texas, and is expecting to open its new Sherwood northeast plant and a new West Coast facility later this year.