Sealy Raises Prices to Offset Raw Material Costs

October 21, 2005

ARCHDALE, North Carolina – In order to deal with the rise in costs of polyurethane foam -- a primary material used in mattress construction -- Sealy has increased its prices across all its domestic product lines.

The increases are scheduled to take affect on Nov. 14 and will vary by product line and mattress size.

"We've turned the corner on the supply chain issues relating to the shortage of TDI. Now we're focused on working as thoughtfully as possible to help our retailers manage the impact of these costs on their businesses," said David Mcllquham, chairman and C.E.O of Sealy.

The company has been able to increase its total supply of foam by working with their customers and international supply chain to meet the forecasted customer demand.

Sealy is the largest bedding manufacturer in the world, with 30 manufacturing plants and 12 international licensees.

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