Serta Simmons Bedding, LLC, one of the largest mattress manufacturers in North America, has announced that it will be closing its plant in Griffin, Georgia. The decision to close the plant comes as part of the company’s ongoing efforts to optimize its manufacturing footprint and improve operational efficiency.
The plant in Griffin, Georgia, employs approximately 300 workers, who will be impacted by the closure. The company has stated that it plans to consolidate its production at other facilities in the region, including plants in Tennessee and Mississippi. This consolidation is expected to result in improved efficiencies and reduced costs for the company.
Serta Simmons CEO David Swift expressed his gratitude for the hard work and dedication of the plant’s employees in a statement, noting that the decision to close the plant was a difficult one. He also acknowledged the impact that the closure will have on the local community and stated that the company plans to provide severance packages and job placement assistance to affected workers.
The closure of the Griffin plant is the latest in a series of changes for Serta Simmons since the company’s formation in 2018 through the merger of two leading mattress companies. The company has since undergone a significant restructuring effort, including the closure of several other plants and the implementation of new technology and production processes.
Serta Simmons Bedding, LLC is a subsidiary of Advent International, one of the largest and most experienced global private equity investors. The company operates 33 plants throughout North America and produces a wide range of mattresses, including the Serta Perfect Sleeper, the iComfort Sleep System, and the Simmons Beautyrest.
The closure of the Griffin plant is likely to have a significant impact on the local community, as the loss of 300 jobs will have ripple effects throughout the region. However, Serta Simmons’ commitment to providing support for affected workers and its ongoing efforts to improve operational efficiency may help to mitigate some of the negative effects of the closure.
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