Palmetto Pedic Eyes Manufacturing Plant in Gaffney, South Carolina
12/18/2019
Founded in 2018 as a joint venture between industry veterans from the U.S. and China, Palmetto Pedic will be a fully-vertical manufacturer of memory foam, hybrid foam and coil mattresses, along with bed pillows and mattress toppers. The company’s new operations will service an increased demand in the mattress industry from U.S. consumers.
Located at 418 Chandler Drive in Gaffney, the company’s manufacturing processes will include a foam pouring line, computer cutting machines, injection molding machines, innerspring mattress coil manufacturing and all cutting, sewing and packaging of the final products.
Palmetto Pedic’s operations are expected to be online in January of 2020. As an incentive, the Coordinating Council for Economic Development approved a $250,000 Rural Infrastructure Fund grant to assist with costs associated with building upfit.
“Palmetto Pedic would like to thank the State of South Carolina for its business-friendly environment and its outstanding workforce. We look forward to years of profitable growth together,” President of Palmetto Pedic Jack Cobb said.
“Manufacturing continues to be a source of wealth creation throughout our state. This announcement by Palmetto Pedic is another testament to our business-friendly environment which helps both new and existing businesses thrive,” Secretary of Commerce Bobby Hitt said.
“This project not only provides employment opportunities for citizens in our area but also enhances the tax base of the city of Gaffney. We are very grateful that Palmetto Pedic chose Gaffney as the location of this fine facility and would like to thank the State of South Carolina, Cherokee County and the Cherokee County Development Board for their work in assisting Palmetto Pedic with their decision,” said Gaffney Mayor Henry L. Jolly.
Project Announcements
Little Leaf Farms Plans Coffee County, Tennessee, Production Operations
07/02/2025
White Rock Truss & Components Expands Lee County, Virginia, Operations
07/02/2025
Fox Tank Company Plans Coshocton, Ohio, Operations
07/02/2025
Ascentek Expands Shreveport, Louisiana, Operations
07/02/2025
ProBio Establishes Hopewell, New Jersey, Gene Therapy Operations
07/02/2025
22nd Century Technologies Expands Fairfax County, Virginia, Headquarters Operations
07/02/2025
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
From Silicon to Server: Mapping the Data Center Supply Chain
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
Rethinking Life Sciences Site Selection in a Resilient and Dynamic Market
Q2 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024