Conveyor component maker Metso is initiating a $4 million expansion that will add 30 to 50 workers to its 62-member workforce at the company’s Clarksdale plant, the Mississippi Development Authority said Monday.
The announcement follows a notice Friday from the MDA that 200 jobs are expected to be created through sleep products manufacturer Comfort Revolution’s relocation of its manufacturing operation to Belmont in Tishomingo County. The company will locate in the 432,650-square-foot building formerly occupied by Schnadig Furniture Corp.
Comfort Revolution’ hiring of 200 workers is projected to occur within three years.
Metso’s expansion stems from the company’s decision to increase its conveyor component manufacturing operations at the Clarksdale facility.
Pasi Jokela, senior VP of Metso’s Mining and Construction business, said the company is expanding in order to strengthen “our services business capabilities for our mining and construction customers. After a detailed study we saw clearly that Clarksdale was the best location for us.”
The MDA said it provided assistance in support of the project to help Metso move equipment to the Clarksdale facility. Additionally, the agency provided assistance for renovations to the Clarksdale facility and for workforce training.
The agency did not specify a dollar amount in incentives offered Metso.
Metso is a global supplier of technology and services to customers in the process industries, including mining, construction, pulp and paper, power, and oil and gas. The company employs 30,000 workers in more than 50 countries.
In Friday’s Comfort Revolution announcement, company CEO Michael Fux said he looked at sites throughout the Southeast for the new plant. “The outstanding quality of the workforce in Tishomingo County and the community’s support made us conclude this is the best spot for our investment. We’ve wanted for a long time to produce products in the United States, and we’re eager to get started,” he said.
The MDA helped with the project through the Community Development Block Grant program but did not provide details of the assistance. Tishomingo County provided assistance for the project, as well, according to the MDA.
Headquartered in West Long Branch, N.J., Comfort Revolution is a developer and marketer of high-end, revolutionary mattresses, mattress toppers and pillows.