IN: Mattress Company Chooses Indiana for New Facility, 350 Jobs
26 Aug, 2020
Corsicana Mattress Company, a Dallas-based mattress manufacturer, announced plans to establish a Midwest presence in Indiana, creating up to 350 new jobs by the end of 2023.
"It is a great day to welcome Corsciana Mattress to the Hoosier state,” said Indiana Secretary of Commerce Jim Schellinger. "Indiana's strong history of manufacturing, central location, and skilled talent pipeline will set Corsicana up for success for generations to come."
Locating in Indiana will give Corsicana Mattress access to key markets and allow for same-day shipping, allowing the company to reduce lead times and deliver to its customers efficiently. The company will invest more than $8.6 million to lease and equip its new state-of-the-art, 165,000-square-foot production facility at 755 S. 500 West in La Porte. The new facility, which will house the company’s growing boxed-bed manufacturing, is expected to be operational by the end of this year.
Founded in 1971, in Corsicana, Texas, Corsicana Mattress now operates 10 production facilities across the United States and ranks in the top 10 of the mattress industry’s largest producers, according to Furniture Today. The company offers a full range of promotional and step-up products that feature the latest in sleep technology, including innerspring, memory foam and hybrid models. The company also has a mattress-in-a-box line that simplifies delivery.
“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,” said Michael Thompson, chief executive officer of Corsicana Mattress. “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.”
Corsicana Mattress, which employs approximately 950 people in the United States, will immediately begin hiring and training employees for manufacturing and warehouse positions at a temporary space on Woodland Avenue in Michigan City. Interested applicants may apply online.
Last year, Corsicana Mattress announced that it shipped its 100 millionth unit produced since the company opened for business in 1971. The company leverages its national manufacturing presence to provide dealers with top-notch quality, delivery and customer service.
“This is what happens when council, commission, RDC and others work collaboratively for success," LaPorte County Council President Randy Novak and Sheila Matias, Commissioner President said jointly. "We are very pleased that a job training grant fund which the council funded a few years ago is being used as part of the inducement, along with a personal and real property abatement to help sweeten the deal so we could land this company over other competing sites. Bottom line – having a well-trained workforce, marketing our county’s many pluses and offering a perfect setting for this operation at Pinola made the difference.”
The Indiana Economic Development Corporation (IEDC) offered Corsicana Mattress Company up to $2.3 million in conditional tax credits based on the company’s job creation plans. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired. The LaPorte County Council and County Commissioners approved additional incentives.
(c)2003-2021 Trade & Industry Development is a publication of Due North Media - a division of Due North Consulting, Inc.
Copyright 2001-2021, Due North Consulting, Inc. -- All rights reserved.
The material on this site is protected by United States copyright and other intellectual property laws and may not be reproduced, rewritten, distributed, re-disseminated, transmitted, cached, displayed, published, broadcast, directly or indirectly, in any medium without the prior written permission of Due North Consulting, Inc.