More jobs are on the way forWashington County, according to a recent news release.
The Maryland Department of Business and Economic Development andthe Washington County Department of Business Development today announcedthe expansion of global bedding provider Tempur Sealy International.
The company is leasing a newly-constructed 615,000 square-foot facility in Hagerstown to expand its manufacturing and distribution operations in the county. As a result, Tempur Sealy International will retain its current 112 employees and plans to create 120 new jobs.
"Working with our partners in Washington County, we are ensuring that global bedding giant Tempur Sealy International can expand and add 120 new jobs in Western Maryland," said DBED Secretary Mike Gill. "Assisting companies like Tempur Sealy shows our commitment to making Maryland a place where all businesses can grow and thrive."
To assist with the expansion, the State is providing a $400,000 conditional loan through the Maryland Economic Development Assistance Authority and Fund. Washington County will provide a $250,000 conditional loan to help with project costs.
"Through the diligent efforts of the Department of Business Development staff and the State, we're able to retain and expand Tempur Sealy International in the Washington County community and continue building a business-friendly environment for the future," said Terry Baker, President of the Washington County Board of County Commissioners."
Tempur Sealy International, Inc. formed when Tempur-Pedic International and Sealy Corporation merged in 2013, creating the world's largest bedding provider. The company develops mattresses, pillows, foundations, and other bedding products.
Through the merger, Tempur Sealy now owns a number of well-recognized brands, including the original body-conforming Tempur material, Sealy Posturepedic and Stearns & Foster, which has been in production for nearly 170 years.