Purple Innovation consolidates mattress manufacturing in Georgia, closing two Utah facilities, affecting 300 employees.

Bedding brand Purple Innovation plans to consolidate its mattress manufacturing in McDonough, Georgia, closing two Utah facilities and affecting around 300 employees. The move aims to streamline operations and increase spending on marketing and innovation, with a $15-20 million EBITDA benefit expected from 2025. The company will open a new distribution center in Utah and reduce some corporate positions.

August 22, 2024
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