Furniture maker Villa International will open a recreational vehicle furniture factory in Belmont, Miss., with plans to hire 75 employees over five years.
The Associated Press reported that the company, based in Cerritos, Calif., will invest $250,000, paying an average annual salary of $35,360.
The company makes furniture for more than 30 motorhome makers. Villa will be near one customer, Tiffin MotorHomes Inc., whose factory is just across the state line in Red Bay, Ala.
The Mississippi Development Authority will loan Tishomingo County $507,000 to purchase the former Falcon Products building in Belmont, and give $200,000 for improvements. The Appalachian Regional Commission, a federal agency, will give $100,000 for improvements. Tishomingo County will make the first three years of payments on the building as another incentive.