Indo Count to establish its third U.S. manufacturing facility in North Carolina, strengthening its presence across the East Coast, West Coast, and Midwest

Indo Count Global East Inc., a step-down subsidiary of wholly owned US subsidiary, is further strengthening its Utility Bedding business with a strategic greenfield manufacturing facility in North Carolina, USA. This initiative underscores Indo Count’s commitment to deepening its market presence and enhancing customer service across the United States. The new facility will produce 18 Mn pillows annually, with an investment of approximately $15 Mn. This expansion strengthens Indo Count’s U.S. manufacturing footprint, complementing its state-of-the-art facilities in Phoenix, Arizona (West Coast), Columbus, Ohio (Midwest), and the upcoming Kernersville, North Carolina facility (East Coast). The project is being funded through a debt-equity structure of 75:25. The strategic expansion reinforces the company’s presence in the market, positioning its utility bedding business to generate an aggregate revenue of approximately $175 Mn across its three facilities.