Tempur Sealy International, Inc. recently announced that it will invest in solar power technology for its largest mattress manufacturing operation, located in Albuquerque, New Mexico. The project is planned for completion by the end of the year. The locally-generated renewable energy will provide a sustainable source of electric power sufficient to run all of Albuquerque's mattress assembly lines, reducing the annual electric consumption purchased from public utility by approximately 2 million kWh's.
Additionally, the Company announced that its facility in Duffield, Virginia has achieved the U.S. Environmental Protection Agency's (EPA's) ENERGY STAR Challenge for Industry by reducing its energy intensity by nearly 40% within 4 years. In successfully achieving the ENERGY STAR Challenge, Tempur Sealy's Duffield facility has reduced over 3,800 tons of greenhouse gases per year and saved enough energy to power over 500 homes.
Earlier this year, the company issued its first Corporate Social Values Report to highlight its efforts to improve its communities and the environment. Focused on driving many environmentally friendly initiatives by leveraging well-established practices, Tempur is also continually researching additional areas of opportunity. Through these efforts to expand its environmental initiatives, the brand also identified this opportunity to integrate solar power in its manufacturing operations.
"These renewable energy projects are exciting additions to our other environmental initiatives here at Tempur Sealy," said Scott Thompson, Tempur Sealy International, Inc. Chairman and CEO. "This reduction in our carbon footprint from the solar energy initiative alone equates to powering all mattress assembly lines at our largest facility, and at the same time, allows us to improve the cost effectiveness of our operations."
About the Company:Tempur Sealy International, Inc. develops, manufactures, and markets mattresses, foundations, pillows and other products. The Company's products are sold worldwide through third party retailers, its own stores, and online. The Company's brand portfolio includes many highly recognized brands in the industry, including Tempur®, Tempur-Pedic®, Sealy® featuring Posturepedic® Technology, and Stearns & Foster®. World headquarters for Tempur Sealy International is in Lexington, KY.