Thomasville, North Carolina-based Carolina Mattress Guild sold its Orlando, Florida manufacturing plant to Florida sleep-shop chain “Mattress 1 One.” Terms of the deal were not disclosed. The mattress maker had operated the plant since 2009.
The sale marks the company’s transition from a promotional supplier to a mid-range/high-end bed maker, a news release said. Existing CMG customers are now being served by the company’s main manufacturing plant at its N.C. headquarters.
“This transaction allows us to narrow our focus and concentrate our efforts around the new ‘cellular manufacturing’ of our luxury Scott & DuVal line,” said Neal Grigg, CMG founder and chief executive officer. “The incredible response that we have received toward our Scott & DuVal line and other premium products that we have introduced really necessitated a completely new outlook with regard to quality manufacturing.”
The company said it is eyeing New Jersey as the possible site of a new manufacturing plant to serve its growing northeastern business.
