City officials offer tax breaks to two companies
by Associated Press
Published: February 21,2013
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.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Palmertree blocked from using public funds for legal defense
- Two companies fined for violations of 'No-Call' law
- Report: Mississippi only state to see drop in home prices
- District at Eastover takes shape with financing in place, tenant signings under way
- States settle with manufacturers in DRAM price-fixing case
- John Ferrucci'a perfect voice is perfect for the Silver Slipper Casino
- City suing Hercules for pollution at shuttered plant site
- Pickering collects more money from failed beef plant project
- Ex-Democrat Taylor cleared to run in primary as Republican
- Rankin chosen as new president of Alcorn State