A Texas-based mattress company said Wednesday that it plans to open a factory in the northwest Indiana city of La Porte, creating 350 jobs by the end of 2023.
Corsicana Mattress said it will invest $8.6 million to lease and equip a 165,000-square-foot manufacturing plant for its growing boxed-bed product line. The company said the Indiana location will allow for same-day shipping, reducing customer wait times.
Founded in 1971, Corsicana Mattress operates 10 U.S. production facilities and ranks among the mattress industry’s 10 largest producers, according to Furniture Today.
“We have had significant growth in our boxed-bed business and require a facility that is appropriately equipped with well-trained employees to provide the manufacturing efficiency to support that growth,” Corsicana CEO Michael Thompson said in a statement.
“Indiana was a great location for us, and the local, regional and state agencies we worked with have been very helpful and welcoming throughout this process.”
The Indiana Economic Development Corp. offered Corsicana up to $2.3 million in tax credits based on its job-creation plans. The credits are performance-based, meaning the company can’t claim them until workers are hired.
The LaPorte County Council and county commissioners approved additional incentives.
Corsicana, which employs about 950 people nationwide, will immediately begin hiring and training employees for manufacturing and warehouse positions at a temporary space in Michigan City.