MyPillow Expanding its Operations in Shakopee
MyPillow is on the move.
On Monday, the pillow manufacturer announced it would consolidate four of its facilities and expand its operations into a new facility being built in Shakopee.
MyPillow CEO Mike Lindell inked a long-term lease agreement with Indianapolis-based Duke Realty Corporation for part of a 374,700-square-foot warehouse that is in development.
The company will take over about 173,000-square-feet of the building set within the Gateway South industrial park off Highway 101. After construction on the facility wraps in October, MyPillow will neighbor Amazon’s fulfillment center, Valleyfair, Canterbury Park and other manufacturing companies.
MyPillow will maintain a 125,000-square-foot factory it opened last summer on Valley Industrial Boulevard in Shakopee, Finance and Commerce reported. The two addresses are about 1.5 miles apart.
Altogether, the consolidation is expected to give MyPillow an additional 43,000 square feet of operations space.
“We are very pleased to be able to accommodate MyPillow’s growth needs with the development of this new building,” Josh Budish, vice president of leasing and development for Duke Realty, said in a statement.
Last week, MyPillow laid off 140 workers, which Lindell claimed the company was “forced” to do. The company employs about 1,460 people.
Correction: An earlier version of this article stated MyPillow was moving out of its Chaska headquarters. It is not moving its headquarters, but solely consolidating its facilities in Shakopee.