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Mattress maker plans 300 jobs in Plainfield

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Mattress maker Tempur Sealy International Inc. plans to open a manufacturing and distribution facility in Plainfield, creating up to 300 jobs by the end of 2015, the Lexington, Kentucky-based company announced Thursday afternoon.

The 600,000-square-foot leased facility, at 9597 E. County Road 200 S., is expected to be fully operational by early 2015. It will handle manufacturing and distribution for the Tempur Sealy brands in addition to being a distribution center for Tempur-Pedic.

Officials said it will be Tempur Sealy’s first combination assembly and distribution center.

Tempur Sealy, which employs about 6,500 people worldwide, plans to begin accepting applications for nearly 200 manufacturing, office and supervisory positions in October.

The Indiana Economic Development Corp. offered Sealy Mattress Manufacturing Co. up to $2.8 million in conditional tax credits and up to $100,000 in training grants based on the job-creation plans.

Tempur Sealy is the world's largest bedding provider. Its brands include Tempur, Tempur-Pedic, Sealy, Sealy Posturepedic, Optimum and Stearns & Foster.

The company had sales of $715 million in the second quarter.
 

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  • after 22/yrs
    Just found out we are closing, but of course we get NO 100% ANSWER, just leave us hanging. Your right big guy don't worry he has a job,little guy is shown no respect not even an offer to move with. But then again,why would they, hire cheap help,get cheap quality. Don't worry about the people that have spent long over time hours working for your company and know the product. Maybe its for the good, company I work for( sealy) the management here are not that good, yes I did say that. They all have a POWER TRIP here,they don't do what's right, I have seen so much favoritism, lieing, cheating and stealing from management. But oya, I'm just a little. Good luck to though who are the teacher pet, now you got to learn how to find a job and REALY WORK NOW.
  • Form of subsidy
    It sounds to me that this is a form of subsidy to big business, because little guy won't know hot to take advantage of available programs. I'm not a fan of such subsidies, I would rather reduce business tax across the board if the goal is to attract/retain businesses. Of course for most businesses local tax is on of the least important factors. If it was only that easy.
  • Tax Credits vs. Grants
    The only "gift" from Indiana Economic Development Corp. is the $100K in training grants, and I'd expect that's a match deal to help Tempur Sealy train the local folks they hire in the fall...need to find the fine-print details on that aspect. As for the Tax Credits, that's not a gift of cash, it's just relief from something business shouldn't be subject to in the first place. Taxes levied on business are a pass-through to consumers and employees in prices, wages, and benefits. Less biz tax = better wages and lower operating costs.
  • Bravo
    From the surface this seems to be a great project and a good win for the Indy Region.
  • Whoa there
    1. Yep. 2. a lot more than 2.9 mil 3. 15-45 per hour 4. the tax credits are performance based and will only be paid once requirements are fulfilled. This is a program designed to help the little guy and the big guy. Because last time I checked, the little guy wasn't signing his own paychecks.
    • Here we go again
      1, Indiana is giving them 2.9 million. 2, HOW MUCH ARE THEY spending? 3, How much are the jobs paying? and 4, What happens when they do not provide the promised jobs? The big guys get the bucks, and the little guys pay

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      1. What became of this project? Anyone know?

      2. Scott, could you post an enlarged photo of the exterior of the building? This will be a great addition to Walnut Street. This area will only continue to develop with additions like this. Also, please give us more updates on the "Cultural Trail light" expansion. Also a great move for the city, as long as there is maintenance money set aside.

      3. Great story IBJ! Citizens don't have a real sense of the financial magnitude of supporting Indy's sports and tourism sector. The CIB was a brilliant idea for creating a highly integrated public-private partnership to support this sector from the economic activity it generates. Unfortunately, most folks think the benefits of that economic activity accrue directly to the City budget, and it doesn't. So though the CIB is facing lean times (covering its costs while maintaining minimally acceptable reserves), the City is operating with deficit - less tax revenue than expenses each year - with a very fragile reserve balance. That's why it's so challenging for the City to fund basic needs or new intitatives (e.g. pre-k education; new jail), and some credit rating agencies have downgraded Indy from it's past stellar AAA status. More reporting on City finances would be welcomed.

      4. Sure, I'll admit that it bugs me to see that the IBJ.COM censors it's blog posts almost as much as the D of I does when someone points out the falsehoods and fabrications. _____But I think it bothers me almost as much that Captain/Defender/Disciple get his yanked too. You see, those of us with a sense of integrity, humanity, compassion, and a need for fact based opinion WANT to see all of his screeds posted. It makes our point so much better than we can do it ourselves.

      5. We're conflating two very different topics. Voter fraud is a myth and excessive gun violence is all too real. I just hope rational gunowners decide to stop being shouted down by the, well, let's call them "less rational" ones.

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