Posturecraft Mattress Co. of Double Springs, Ala., is moving its operations to Plantersville, where it will initially occupy an 80,000-square-foot facility and initially employ 100 people.
Another two buildings on the 16-care site also are part of of the project, and the company looks to expand into them in the future.
Posturecraft, which has been in business since 1988, had its facilities destroyed by a fire in April in Double Springs. No one was injured. The company, which has shown at the Tupelo Furniture Market since 1988, is owned by Charles “Casey” Jones, an Amory native who maintains a home in Tupelo. Jones is the company’s CEO as well.
The Mississippi Development Authority is providing $100,000 in ACE funds for facility improvements and a $50,000 workforce-training grant. Jones said he’s investing about $3 million, which includes state-of-the-art equipment that is set to arrive in the next couple of weeks.
Posturecraft makes mattresses, box springs, air beds, water beds, adjustable beds, and it specializes in custom and antique sizes.
It’s a $20 million company, with 600 customers across the country, most of them east of the Mississippi River, Jones said.
Jones said moving into the other two buildings will mean more jobs, “but the first step is to get up and running again.”
Production should be at about 40 percent by mid-October, and full production is expected within a year. In Alabama, the company produced about 1,000 mattresses a day, and Jones looks to match or exceed those numbers in Plantersville.