Purple Innovation Announces Consolidation of Manufacturing Operations to Accelerate Growth

Actions will expedite Grid innovation and deliver cost synergies Anticipated to generate $15 to$20 million in EBITDA benefit in 2025 LEHI, Utah, Aug. 22, 2024 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company with the #1 Gel Grid technology in the world, today announced the consolidation of its mattress production operations into its McDonough, Georgia facility, and the corresponding closure of two manufacturing facilities in Salt Lake City and Grantsville, Uta ...