Governor Haley Barbour today welcomed the operations of HomeStretch LLC, an upholstered furniture manufacturing company, to Nettleton. The new company is an investment by owners William "Skipper" Holliman and Gentry Long that will create 140 new jobs over the next four years.
"I appreciate the commitment by HomeStretch to Northeast Mississippi, where I know they will find a hard-working, diligent workforce to produce quality products. Strong public-private partnerships like this one are always valuable, and are especially so in tough economic times," Governor Barbour said.
Monroe County will borrow $1.5 million from the Mississippi Development Authority's Capital Improvements Revolving Loan Program fund for the purchase of the former Advantage manufacturing facility in which HomeStretch's operations will be located. Additionally, MDA provided $298,000 for improvements to the building, and the Appalachian Regional Commission provided $240,000, also for public building improvements.
"We have received great support from the City of Nettleton, Monroe County and several different economic development organizations in pulling this project together," Holliman said. "We are very excited about the opportunity to open our new business in Nettleton, and we look forward to being here for many years to come."
HomeStretch will manufacture upholstered reclining furniture including chairs, sofas, loveseats and sectionals. Production at the facility is slated to begin by March of 2010.
"I am proud that Skipper Holliman and Gentry Long have chosen to locate the HomeStretch manufacturing facility in Nettleton, and I commend them for their investment in the state and the jobs they are creating in North Mississippi," said MDA Executive Director Gray Swoope. "We were pleased to have worked with the company, the local economic development team and the Monroe County Board of Supervisors to assist with this project and help create additional jobs for the residents of Monroe County and the surrounding area."
Source: HomeStretch LLC
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