Supply Chain Council of European Union | Scceu.org
Operations

Bonus for bedding factory workers as jobs are saved

A BEDDING manufacturer, hailed as an “asset to the community” in Aspatria, has been saved from closure, protecting the jobs of 267 workers.

The site is steeped in history and has been a huge part of the community throughout the years, it has seen many changed and it it now reassuring to know that it will stay open.

Tempur Sealy has re-acquired the rights and assets to manufacture and market Sealy and Stearns & Foster products from current licensee Silentnight Group.

The Aspatria site was earmarked for closure in May but its future has been secured with the purchase which was announced on Friday.

The consultation period was extended in late August when a potential third-party buyer emerged.

Pleased to hear that these jobs have been secured Councillor Mike Johnson, Deputy Leader of Allerdale Borough Council, said: “It’s great to hear that the Sealy site in Aspatria has been saved and the jobs of 260-plus people have been protected.

“The business is extremely important to the economy of the town but also to the wider area and we look forward to working with them going forward.

“We have been working very closely with Sealy and the new owners over the last few months to achieve this really positive outcome and will continue our support going forward.

“We’ll also continue to support the business community across Allerdale to help create thriving towns and villages and employment opportunities across the borough.”

Silentnight Group is pleased to confirm the sale of the Sealy assets and business.

This deal sees Tempur Sealy re-acquiring the rights and assets to manufacture, market, and distribute Sealy in a 50/50 operation with its Asian joint venture partner Sealy Australia.

Contracts have been exchanged and the process of formally transferring the business and employees to the new ownership has an expected completion date of October 31.

Pleased the uncertain future has been rectified for the Aspatria based factory, Silentnight Group Chairman Adrian Fawcett said: “This is a good outcome for the Sealy team and business through what has been an uncertain period. It also further strengthens the future Silentnight business.

“Recent performance has demonstrated the importance consumers place in trusted, well known brands and quality products, resulting in increasing numbers making Silentnight their brand of choice.

“This business change will allow for even greater focus on the Silentnight and Rest Assured brands as we look to build on our consumer promise of providing sleep solutions for every sleeper in our mission to help the nation sleep better.”

Related posts

Get a mystery box of half price clothes and help factory workers

scceu

Why one size doesn’t fit all for smart factory data processing

scceu

Kazakhstan building factory to produce coronavirus vaccine

scceu

Leave a Comment