Market Chatter: US Mattress Manufacturer Tempur Sealy to Build Plant in South Korea by 2026

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2025.03.12 03:47
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Tempur Sealy, a US mattress manufacturer, plans to build a new plant in South Korea by 2026 to meet rising demand. The facility will replace the existing Yeoju plant, operational since 2016, with construction starting in June. The investment aims to establish South Korea as a global manufacturing hub, although details on the project's timeline and cost remain undisclosed.