Palmetto Pedic, the 2-year-old foam manufacturer owned by global fabric and home fashions manufacturer Home Furnishing International, unveiled a line of conventional foam and memory foam for use in mattresses, foundations, upholstery and accessories during the Fall High Point Market Oct. 16-20 in High Point, North Carolina.
Palmetto Pedic, based in Gaffney, South Carolina, is targeting the line to major U.S. bedding producers and upholstered furniture manufacturers.
“We are offering an expansive selection of made-in-America products that will give major U.S. bedding suppliers innovative and sustainable choices and, at the same time, alleviate many of the supply chain difficulties that have plagued the bedding market in recent months,” said David Li, chair and chief executive officer of both Home Furnishing International and Palmetto Pedic.
“Our goal when we formed Palmetto Pedic was to provide U.S. manufacturers with superior service, speed and consistency in foam and foam products,” Li said. “There have been major changes taking place in the bedding industry over the past few years, and we have been strategically positioning Palmetto Pedic to become a leading supplier to the industry.”
Palmetto Pedic, formed in March 2019 as a joint venture between a group of private investors and Home Furnishing International, poured its first U.S.-made foam at its Gaffney plant in September. The company previously had the capacity to produce 3,000 mattresses per day. With the purchase of a 350,000-square-foot plant in Blacksburg, South Carolina, that capacity increased to 8,000 mattresses per day. The new Blacksburg plant is located just down the Interstate 85 corridor from the Gaffney plant.
“We are proud to say that our facilities now include one of the largest tank farms for chemical storage in the entire industry, which is capable of storing enough chemicals to support our capacity needs for three months, as well as cutting-edge air filtration and purification systems that are among the best in the industry,” Li said.
