North Portland Sealy mattress factory layoffs to begin in March

The Oregonian ^ | 1/4/12 | By Elliot Njus

[Be Careful]

Sealy Inc., which in November announced plans to permanently close its North Portland mattress factory, will begin laying off workers there in March.

The North Carolina company said then it planned to move work from the factory at 13635 N. Lombard St. to Lacey, Wash., to cut costs.

In a notice to the state Friday, Sealy said 106 workers will be laid off starting March 4. In November, the company said the factory employed 128.

[Be Careful]

not sure why moving across the river to Washington is a financial advantage.....Washington is just as bad if not worse than Oregon for any business

[Squawk 8888]

They could be moving some of the work to their Toronto operation.

[garjog]

Could it be the Tax the Rich law passed in 2010?

Oregon voters pass tax increasing measures by big margin

Oregon voters bucked decades of anti-tax and anti-Salem sentiment Tuesday, raising taxes on corporations and the wealthy to prevent further erosion of public schools and other state services.

The tax measures passed easily, with late returns showing a 54 percent to 46 percent ratio. Measure 66 raises taxes on households with taxable income above $250,000, and Measure 67 sets higher minimum taxes on corporations and increases the tax rate on upper-level profits.

http://www.oregonlive.com/politics/index.ssf/2010/01/voters_pass_tax_measures_by_bi.html

[garjog]

[Baynative]

Roger, that. Washington will regulate and bleed them to death. If they are from N. Carolina, they should be going home to survive.

[llevrok]

Move to Lacey?
Lacey is not a bad town. Somewhat pro military because of it’s proximity to Lewis-McChord. And has sucked a lot of retail out of Olympia. Also there is a large CostCo distrubution center as well as big UPS and FedEx distribution warehouses.

However, Thurston County is Little Russia, IMHO. I live in Olympia).

Yes indeed, they will be bled dry.

[Venturer]

They make a lousy Matress. I have one. It sucks.

[Venturer]

They make a lousy Mattress. I have one. It sucks.

[Gen.Blather]

“not sure why moving across the river to Washington is a financial advantage.....Washington is just as bad if not worse than Oregon for any business”

A company that my employer competed against moved their plant into the home district of the Senator who oversaw the budget for our products. They won a huge contract even though their product was 10 times more expensive to build and maintain than ours. It was also, due to its nature, almost impossible to repair. Finally, the Army pulled some internal politics and managed to stop buying the bad product. But it took five years and cost millions of dollars. (The technology was called “spray cooling.” The idea was to use commercial off the shelf products rather than specially designed products. Since there was no way to cool the stuff other than inside its container, you couldn’t troubleshoot it. Also, the coolant was one of the worst “global warming” gasses.)