April 8, 2021

Q1 Chemical M&A

Chemical Deal Results

http://www.chemicaldeals.com/Results.aspx?searchtext=&quarter=1st%20Quarter%202021

April 8, 2021

Q1 Chemical M&A

Chemical Deal Results

http://www.chemicaldeals.com/Results.aspx?searchtext=&quarter=1st%20Quarter%202021

April 6, 2021

HSM Expands Mattress Production

HSM doubling mattress production capacity

• From staff reports
• Apr 4, 2021

HS Manufacturing has expanded its mattress manufacturing facility in Hickory to double the company’s capacity and streamline the construction process.

The bedding manufacturer, a subsidiary of Hickory Springs Manufacturing Co., is combining its bedding operation under one roof — a 160,000-square-foot facility, according to a news release from HSM.

The expansion puts mattress assembly, innerspring coiling production, individually wrapped pocketed coil production and roll-pack operations all in one facility. The expansion also means adding another 50 employees to increase manufacturing capacity.

The expansion will help the company meet a growing demand for bedding products, the release said.

“By combining all of our bedding operations in one location, we dramatically increase our efficiency and improve our ability to better serve our customers,” said Tim Witherell, vice president and general manager of HSM bedding products, in the news release. “This is particularly important now as our customers are experiencing significant growth in demand.”

The expansion and combination of plants, which is expected to be complete in April, will also boost production of other products like fabric-encased mattress coils and micro-coil systems.

Before the expansion and consolidation to one plant, bedding components would travel between multiple facilities during the manufacturing process. Witherell said HSM does not anticipate any service disruptions during the transition.

https://hickoryrecord.com/news/local/hsm-doubling-mattress-production-capacity/article_fcc951e2-9244-11eb-8884-d729901e1b87.html

April 6, 2021

HSM Expands Mattress Production

HSM doubling mattress production capacity

• From staff reports
• Apr 4, 2021

HS Manufacturing has expanded its mattress manufacturing facility in Hickory to double the company’s capacity and streamline the construction process.

The bedding manufacturer, a subsidiary of Hickory Springs Manufacturing Co., is combining its bedding operation under one roof — a 160,000-square-foot facility, according to a news release from HSM.

The expansion puts mattress assembly, innerspring coiling production, individually wrapped pocketed coil production and roll-pack operations all in one facility. The expansion also means adding another 50 employees to increase manufacturing capacity.

The expansion will help the company meet a growing demand for bedding products, the release said.

“By combining all of our bedding operations in one location, we dramatically increase our efficiency and improve our ability to better serve our customers,” said Tim Witherell, vice president and general manager of HSM bedding products, in the news release. “This is particularly important now as our customers are experiencing significant growth in demand.”

The expansion and combination of plants, which is expected to be complete in April, will also boost production of other products like fabric-encased mattress coils and micro-coil systems.

Before the expansion and consolidation to one plant, bedding components would travel between multiple facilities during the manufacturing process. Witherell said HSM does not anticipate any service disruptions during the transition.

https://hickoryrecord.com/news/local/hsm-doubling-mattress-production-capacity/article_fcc951e2-9244-11eb-8884-d729901e1b87.html

April 6, 2021

Future Foam Acquires Land

Future Foam buys land for expansion

Pat Kimbrough, The High Point Enterprise, N.C.March 30, 2021·1 min read

Mar. 30—ARCHDALE — Property records show Future Foam has bought 66 acres in Randolph County it recently had rezoned for an expansion.

The company, a manufacturer of foam materials, last month paid a total of $1.77 million for six parcels along U.S. 311 just south of Archdale, according to deeds that have been recorded for the transactions.

The land was sold by the heirs of Robert Worth White and Gladys M. Davis, according to the deeds.- ADVERTISEMENT –

The land is part of about 170 acres the Archdale City Council has rezoned for light industrial use to accommodate the company’s plans for a fabrication facility that would fashion foam components for bedding, furniture and medical applications.

The land is not in the city but is within Archdale’s extraterritorial jurisdiction. The company has not submitted any annexation applications or development plans for the property, according to the city.

The newly purchased land is bordered by another 104 acres to the south between Tom Hill Road and U.S. 311 that the city rezoned for Future Foam earlier this month.

Property records show this larger tract, which is owned by Betty J. Hill, has not yet been purchased by Future Foam.

The company makes foam at its Prospect Street plant in High Point and plans to ship it to the proposed new facility, where it will be cut to different sizes and shapes to make other products.

Future Foam has not announced a timeline for its plans.

https://news.yahoo.com/future-foam-buys-land-expansion-064500299.html