Local News

Tax Abatement Granted in Exchange for Jobs

(La Porte, IN) – A Tax Abatement has been granted for a manufacturer expecting to bring up to 350 jobs to La Porte County.  On Monday night, the La Porte County Council voted unanimously in favor of the 10-year tax abatement for Corsicana Mattress Company.

 

One of the leading makers of mattresses in the U.S. could hire as many as 350 people in three to five years, said James Booth, Chief Operating Officer for the Dallas, Texas based firm.  The tax abatement is on $8.5 million to be invested on renovating and repurposing a 165,000 square foot assembly plant at Indiana 2 and 500 West at Pinola.  The building has been empty for about the past 20-years.

 

Tony Rodriguez, executive director of the La Porte County Office of Economic and Community Development, said the average worker salary will be about $15 per hour.  The company, listed by Furniture Today as among the top ten largest makers of mattresses in the U.S., employs about 950 people at eight other locations in Texas, North Carolina, Florida, Tennessee, Arizona, Washington, Connecticut and Illinois.  Booth said the plant here is being added to meet an increase in demand partially driven by online sales during the COVID-19 pandemic.

 

He said LaPorte County was chosen because of its available workforce and close proximity to customers in markets like Chicago and Detroit who now can receive same day product delivery.  Corsicana Mattress Company was founded in 1971.

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