MAYHEW — A maker and online seller of mattresses and bedding products will open a factory in Lowndes County, with plans to hire 50 people over the next three years.
Sleepmade will invest $1.4 million, leasing 50,000 square feet of the At Home with Bassett facility.
The Mississippi Development Authority will give $75,000 for building improvements, while Lowndes County is expected to abate personal property taxes for 10 years, projected to be worth $85,735.
MDA spokeswoman Tammy Craft said Thursday the company expects to open later this month, and will pay employees $25,000 to $35,000 yearly.
Craft says Sleepmade will also get incentives for attracting businesses to high-poverty areas, including an exemption from state income and franchise taxes over 10 years, as well an exemption on sales taxes on initial equipment.
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