Purple Innovation Stock Forum

$Purple Innovation (PRPL.US)$
Purple Innovation Announces Consolidation of Manufacturing Operations to Accelerate Growth
Purple Innovation (NASDAQ: PRPL) has announced a strategic consolidation of its manufacturing operations, aiming to accelerate growth and innovation. The company will close two Utah facilitiesand consolidate production into its McDonough, Georgia facility by December 31, 2024. This move is expected to generate $15 to $20 million in EBITDA benefit annually starting in 2025.
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