City officials offer tax breaks to two companies

SOUTHAVEN — Southaven has approved 10-year tax exemptions for two companies that will bring jobs to the city.

The Commercial Appeal reports EXCEL and Creedence Holdings, doing business in the city as West Coast Novelty, received unanimous approval from the seven-member Board of Aldermen.

Mayor Greg Davis said EXCEL would bring 127 jobs to the city and an estimated annual payroll of $1.4 million. West Coast Novelty will bring 15 jobs and an estimated annual payroll of $400,000.

The DeSoto County Board of Supervisors also approved the tax incentives for the two industries at its Tuesday meeting.

 

[RSS Feed] [del.icio.us]



To sign up for Mississippi Business Daily Updates, click here.

POST A COMMENT

 

FOLLOW THE MBJ ON TWITTER

Twang & Tourism: The Country Music Trail

Our annual "Come See Us" magazine offers ideas for spots in Mississippi ranging from golf to culture to history to food. Click the photo for ideas, stories and access to the digital edition of this year's magazine.

Top Posts & Pages

%d bloggers like this: