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Serta Cancels $27M Plant

The factory was supposed to employ 200 people.

LAKEVILLE, Minn. (AP) — Serta Simmons Bedding has canceled plans to build a $27 million manufacturing plant in Lakeville.

The state had pledged about $2 million in grant money for the project, but rescinded that last year after the company failed to meet building deadlines.

The bed manufacturer announced in 2015 that it would build a factory in Lakeville and employ 200 people.

The Star Tribune says Serta Simmons spokeswoman Gabrielle Braswell confirmed Monday the company no longer has plans to build in Lakeville.

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