July 5, 2018 10:18:07 AM
HOUSTON -- A furniture company is building a $2.7 million warehouse in northeast Mississippi and plans 60 new jobs over four years.
Franklin Corp. announced Monday that it began building the warehouse last month in Houston, where it now has 1,000 employees. The warehouse, to be completed this fall, will store upholstery covers and other imported components.
Mississippi Development Authority spokeswoman Tammy Craft says the state is directing $1.2 million in federal community development money to build a road, with the city of Houston providing a 10 percent match.
Craft says the warehouse will qualify for property tax breaks, but couldn't provide a projected value. Franklin will also qualify for corporate income tax credits worth up to 5 percent of payroll of new jobs
Franklin wouldn't say how much employees earn.
1. Lime scooters becoming headache for MSU STARKVILLE & OKTIBBEHA COUNTY
2. Monday Profile: Bookkeeper, former substitute and receptionist hopes to one day work as a teacher COLUMBUS & LOWNDES COUNTY
4. The New Dude: MSU's $68-million baseball stadium opens to rave reviews STARKVILLE & OKTIBBEHA COUNTY