A rendering of the plant that will be built here in Montgomery County. Photo credit: Tempur Sealy International, Inc.
A rendering of the plant that will be built here in Montgomery County. Photo credit: Tempur Sealy International, Inc.
Tempur Sealy International, the world’s largest bedding provider is coming to Montgomery County.
In addition, they are going to hire around 300 people and build a 700,000 square foot facility that could expand to 1 million square feet. This will provide a boost to the local economy the likes of which has not been seen since Nucor announced it was coming here.
A process that has been going on for months behind the scenes, and has involved every facet of city and county government, along with state officials up to and including the governor, reached a conclusion Monday when the company made its decision.
“We’re thrilled Temper Sealy International has selected Montgomery County as the destination for its state-of-the-art foam pouring facility,” John Frey, president of Montgomery County Commissioners, said. “We’ve worked hard to build an infrastructure foundation to support industrial growth and Temper’s location decision is proof that we are on the right path. We look forward to a long working relationship with our newest industrial partner.”
"Tempur Sealy's choice to locate in Montgomery County demonstrates that our community's focus on infrastructure and quality of life improvements has created an enticing business climate that attracts high-quality jobs and community investment," Frey, added.
Crawfordsville Mayor Todd Barton was in a city council meeting and not immediately available for comment.
Frey and former Nucor General Manager Ron Dickerson have been involved with negotiations since the start, as have others. Last week they, along with State Sen. Phil Boots, Crawfordsville Mayor Todd Barton, Wabash College president Scott Feller, County Council President Tom Mellish, County Manager Tom Klein, Southmont Superintendent Dr. Shawn Greiner, economic advisor Cheryl Morphew and others, met with Tempur Sealy officials, including CEO Scott Thompson at Fusion 54.
The Paper learned that between 300 and 400 new jobs could be created here. The pay ranges would also be well above the per capita average annual income here of $27,162, in the $40,000 range.
In a press release from the company, they said the state-of-the-art foam-pouring 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. 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,” Tempur Sealy Chairman and CEO Scott Thompson said. “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."
Thompson said Crawfordsville impressed them.
"After a thorough site search and evaluation process, we have identified Crawfordsville, Indiana as the ideal location for our new operations. 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, and is expecting to open its new Sherwood northeast plant and a new West Coast facility later this year.