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Classified in: Business
Subject: CXP

Serta Simmons Bedding Opens New Manufacturing Plant in Houston



HOUSTON, Oct. 6, 2017 /PRNewswire/ -- Serta Simmons Bedding, LLC ("SSB"), the largest manufacturer and distributor of mattresses in the United States, has opened a new manufacturing plant, relocating from a former site in Houston.

The new plant allows for more operational capacity and is part of SSB's recently announced plan to expand its manufacturing footprint and support increased consumer demand.

"SSB's new Houston plant is an important part of our strategy to increase manufacturing capacity," said Michael Traub, CEO of Serta Simmons Bedding. "By introducing new technology, adding headcount where necessary and expanding certain facilities, SSB intends to position itself to meet increased demand from customers across North America."

The plant, which is four times the size of the previous Houston facility, employs approximately 100 people and produces more than 1,000 mattresses per day. The mattresses made in the Houston facility are built and shipped throughout the southwest region, fulfilling orders generally in less than 72 hours.

In addition to Houston, SSB plans to open new plants in Seattle; Moreno Valley, California; and Windsor Locks, Connecticut. SSB also plans to relocate to a new headquarters in Doraville, Georgia by early 2019. The move will bring 500 Serta, Beautyrest and SSB corporate employees together under one roof for the first time.

About Serta Simmons Bedding, LLC
Serta Simmons Bedding, LLC is the leading sleep company and the largest manufacturer, marketer and supplier of mattresses in North America. Based in Atlanta, SSB owns and manages two of the largest bedding brands in the mattress industry, Serta®, which has five other independent licensees, and Beautyrest®. The two brands are distributed through national, hospitality, and regional and independent channels throughout North America. SSB also owns Tomorrow Sleep, a direct-to-consumer mattress brand. The company operates 39 manufacturing plants throughout the United States and Canada. For more information about SSB and its brands, visit www.sertasimmons.com.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties. All statements other than statements of historical fact or relating to present facts or current conditions included in this press release are forward-looking statements. Forward-looking statements give our current expectations and projections relating to our financial condition, results of operations, plans, objectives, future performance and business. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as "anticipate," "estimate," "expect," "project," "seek," "plan," "intend," "believe," "will," "may," "could," "continue," "likely," "should," and other words. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause actual results to differ materially from the results projected, expressed or implied by these forward-looking statements. Any forward-looking statement made by SSB or Mattress Firm in this press release speaks only as of the date on which it is made. Neither SSB nor Mattress Firm undertakes any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

Investors Contact:
Serta Simmons Bedding
D. Paul Dascoli, CFO
pdascoli@sertasimmons.com 
770-673-2625

Media Contacts:
Serta Simmons Bedding
Noreen Pratscher, VP of Corporate Communications
npratscher@sertasimmons.com 
770-730-1822 

SOURCE Serta Simmons Bedding, LLC


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News published on 6 october 2017 at 08:20 and distributed by: