Homestead Furniture creating 117 jobs in New Albany, Mississippi

The corporate is investing over $2 million of their expanded operations.

Movement upholstered furnishings producer Homestead Furnishings is finding manufacturing operations in New Albany, the Mississippi Improvement Authority introduced on Wednesday.

The undertaking is a $2.016 million funding and can create 117 jobs.

“These 117 new jobs are an awesome addition to New Albany and Union County. They’ll assist to broaden the North Mississippi economic system and drive additional progress. Mississippi’s economic system is flourishing and now’s the perfect time to put money into and develop a enterprise in our nice state,” stated Governor Tate Reeves.

Anticipating a rise in demand, Homestead Furnishings goals to construct a stronger marketplace for movement upholstered furnishings with its new Northeast Mississippi operations.

“We couldn’t be happier to be positioned in Union County. The assist we’ve acquired from the state of Mississippi, Three Rivers Planning and Improvement District and Union County has been great. We, together with our retail companions, suppose the time is correct for a change in our trade,” stated Harry Lipscomb, CEO of Homestead Furnishings.

The Mississippi Improvement Authority is offering help for constructing enhancements and Speed up Mississippi will present long-term coaching assist.

“MDA is proud to assist the Homestead Furnishings crew as they create 117 new jobs to Northeast Mississippi,” stated MDA Deputy Government Director Laura Hipp. “Our quality-trained workforce and supportive enterprise local weather that Homestead found in Mississippi are key substances wanted to achieve right now’s international market.”

The town of New Albany and Union County will present qualifying property tax exemptions.

Homestead Furnishings plans to fill the 117 new jobs in New Albany by the top of 2023.