City officials offer tax breaks to two companies
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
- Longtime Biloxi mayor Holloway resigns
- Proposed ammo ban empties shelves
- DAVID DALLAS: Tax slasher productions comes to Mississippi
- (UPDATED — BREAKING NEWS) American Specialty Alloys won’t locate $1.2B mill in Mississippi
- Status of some bills in the Mississippi Legislature
- Nehi Bottling Company has been a Cleveland fixture for 85 years
- ASA postmortem: industrial recruiting is a constant cycle of death and life
- Hattiesburg wastewater treatment system could cost $152M
- Events and Nominations