A young mattress manufacturer Tuesday announced plans to invest $8.5 million and create more than 60 new jobs at a renovated building in Gaffney.
Palmetto Pedic, founded in 2018 as a joint venture between mattress industry veterans from the U.S. and China, will expand the former Home Fashions International furniture store building at 418 Chandler Drive in Gaffney.
The company’s new operations will serve an increased demand in the mattress industry from U.S. consumers, according to the S.C. Department of Commerce.
The state’s Coordinating Council for Economic Development approved a $250,000 Rural Infrastructure grant to help with costs associated with the building uplift.
“Manufacturing continues to be a source of wealth creation throughout our state,” stated Secretary of Commerce Bobby Hitt. “This announcement by Palmetto Pedic is another testament to our business-friendly environment which helps both new and existing businesses thrive.”
The company plans to manufacture memory foam, hybrid foam and coil mattresses, as well as bed pillows and mattress toppers.
The manufacturing processes will include a foam pouring line, computer cutting machines, injection molding machines, inner spring mattress coil manufacturing and all cutting, sewing and packaging of the final products.
The company’s operations are expected to be online in January 2020. Those interested in applying for jobs should apply at the OpSource Staffing office in the Home Fashions International facility at 859 Victory Trail Road in Gaffney.
“This project not only provides opportunities for citizens in our area, but also enhances the tax base of the city of Gaffney,” stated Gaffney Mayor Henry L. Jolly.
Tim Spencer, chairman of Cherokee County Council, said, “County council welcomes another fantastic company to the county. Palmetto Pedic’s decision to locate in the heart of the city of Gaffney shows the great business atmosphere in our county.”
Last week, Freightliner Custom Chassis Corp. announced plans to expand operations in Cherokee County. The $13.9 million investment is expected to create 193 new jobs.
Post time: Dec-19-2019