Serta Simmons Bedding has confirmed it will be the newest manufacturing tenant at business park Park North at Monroe, near the intersection of Ohio 63 and Interstate 75 in Warren County.
This newspaper previously reported that the bedding maker was planning to move its Forest Park manufacturing site closer to Interstate 75 in Monroe, but until now it was not confirmed where in the city the new plant will open.
Representatives of Serta Simmons said the company has entered a lease for a new 430,000-square-foot facility at 601 Gateway Blvd., in Monroe, that uses new “proprietary and state-of-the-art manufacturing technology” for its iconic brands.
Plans are to open the new site by the end of the year, according to the company. At that time, about 182 existing employees will be offered the opportunities to relocate to Monroe. Expansion plans in Warren County have the potential to create an additional 100 new jobs over the next three years.
“This facility is the next step in SSB’s effort to modernize its network of manufacturing facilities throughout North America as part of its commitment to conduct a strategic transformation in operations that will create greater efficiency and effectiveness for both the Serta and Simmons brands,” reads a written statement from the company.
The region continues to be of significant strategic value to Serta Simmons Bedding, the statement adds.
“The new facility will be critical to meet the growing needs of our customers and our desire to make the most advanced bedding in the industry,” according to the statement.
Park North at Monroe is being developed by IDI Gazeley, which bought the property in sheriff’s sale in 2012.
Park North “has developed into a rapidly growing industrial park with high-quality manufacturing and logistics tenants,” said Jennifer Patterson, assistant to the city manager for Monroe. “From the city’s perspective, this diversity in the types of companies located in Monroe is important. It helps to create a stable local and regional economy and provides a wide variety of job opportunities to the residents of Monroe and surrounding communities.”
Other park tenants include Cornerstone Services Inc., which operates retail websites, catalogs and outlet stores for home goods. Cornerstone signed a lease in 2013 to open a new distribution center in Monroe.
Also, Illinois-based UGN Inc. is building a 232,000-square-foot auto parts plant at Park North that opens this year. At full production, the auto supply manufacturing plant will add approximately 150 jobs.