/news-rss?filter=economic_development MO.gov News Feed: Department of Economic Development Fri, 18 Jul 2025 23:30:51 +0000 en-us https://ded.mo.gov/press-room/iko-open-new-facility-bismarck-investing-120-million-and-creating-more-50-new-jobs 5256 at https://ded.mo.gov Wed, 08 Jan 2025 08:26:20 +0000 IKO to open new facility in Bismarck, investing $120 million and creating more than 50 new jobs Chase Lindley Wed, 01/08/2025 - 08:26 January 8, 2025 Bismarck IKO, a global leader in the manufacturing and supply of residential shingles, commercial roofing, and waterproofing products, announced that it will open a new granule facility for its subsidiary Bismarck Granules in Bismarck, investing $120 million and creating more than 50 new jobs.“We’re proud to see another leading manufacturer like IKO choosing to grow in Missouri,” said Governor Mike Parson. “This company’s significant expansion in Bismarck speaks to our ability to support businesses through our state’s strategic location, low costs, and skilled workforce. We congratulate IKO on its success and look forward to the positive impact it will provide for Missourians.”Bismarck Granules’ new facility will supply granules to IKO’s shingle plants across the country. The company also plans to establish a nearby quarry to support the operation. Bismarck Granules is partnering with New Frontier Materials to secure feedstock to be used as input to the process. Engineering firm Penta is also collaborating with the company on the project. Construction is underway for Bismarck Granules’ new facility, with plans to open in 2026.“We are tremendously excited to see this important project proceeding,” said David Koschitzky, CEO of IKO North America. “It is the culmination of several years of effort by both our team and our partners to finalize a facility that will play an essential role in supplying our US operations. In addition to our team, our local partners at New Frontier Materials and Subhash Mohan and the group at PENTA Engineering Corporation, deserve a great deal of thanks for helping us get to the start of construction of this state-of-the-art facility.”“IKO’s new facility is exciting news for Bismarck and our state’s ever-growing manufacturing industry,” said Michelle Hataway, Director of the Department of Economic Development. “Thank you for selecting our state to invest, create jobs, and help Missourians prosper.”For this expansion, Bismarck Granules will benefit from the Missouri Works program, a tool that helps companies expand and retain workers by providing access to capital through withholdings or tax credits for job creation.What others are saying“We are incredibly proud to have IKO and Bismarck Granules in our community,” said Bismarck Mayor Seth Radford. “They have already proven to be outstanding partners, and we value the strong relationships we’ve built together. Their investment in this project highlights the incredible potential of our city, and we look forward to working closely with them as they continue to grow and bring prosperity to our region.”“St. Francois County is proud to be a part of adding IKO as a productive business in our community,” said Harold Gallaher, Presiding Commissioner of St. Francois County. “The additional jobs and revenue will help ensure the prosperity of our county.”“Missouri continues to be a top choice for innovative manufacturers like IKO,” said Subash Alias, CEO of Missouri Partnership. “Missouri has established itself as a premier destination for construction materials manufacturing, offering unmatched advantages like a skilled workforce, central location, and a business-friendly environment. We are proud to welcome IKO to the state, and we look forward to the opportunities this company will create for the Bismarck community and the region.”About Bismarck Granules LLCBismarck Granules LLC is a division of IKO. IKO is a worldwide leader in the roofing, waterproofing, and insulation industry for residential and commercial markets. A vertically integrated company, IKO operates more than 35 manufacturing plants throughout North America and Europe. IKO is a family-owned business established in 1951.About the Missouri Department of Economic DevelopmentThe Missouri Department of Economic Development (DED) works to create an environment that encourages economic growth by supporting Missouri’s businesses and diverse industries, strengthening our communities, developing a talented and skilled workforce, and maintaining a high quality of life. As one team built around the customer and driven by data, DED aspires to be the best economic development department in the Midwest. Through its various initiatives, DED is helping create opportunities for Missourians to prosper.For the latest updates on DED’s current or future programs and initiatives, visit DED’s website.About the Missouri Works ProgramAs the state’s number one incentive tool for expansion and retention, the Missouri Works Program helps businesses access capital through withholdings or tax credits to embark on facility expansions and create jobs. This program can also help businesses purchase equipment to maintain its facility in Missouri. https://ded.mo.gov/press-room/ded-celebrates-impact-parson-administration-missouris-economy 5251 at https://ded.mo.gov Mon, 23 Dec 2024 08:15:46 +0000 DED celebrates impact of Parson administration on Missouri’s economy Chase Lindley Mon, 12/23/2024 - 08:15 December 23, 2024 Jefferson City As Governor Mike Parson concludes his tenure as Missouri’s top economic developer, the Department of Economic Development (DED) celebrates the impact of the Parson administration on the state’s economy.“Due to our unwavering commitment to supporting Missouri workers and business growth, we can confidently say that Missouri’s economy is stronger than ever,” said Governor Mike Parson. “From day one, our administration prioritized infrastructure and workforce development because we knew they would bring business investments and job creation. Today, we continue to see positive results of our hard work that are improving lives across every region of our state. We are humbled by and beyond proud of the legacy we have achieved through partnership.”Since Governor Parson took office in June 2018, the state has experienced far-reaching economic growth that has positively impacted businesses, communities, workforce, and tourism.“For more than six years, Governor Parson has helped Missourians prosper by serving as our state’s number one economic developer,” said Michelle Hataway, Director of the Department of Economic Development. “The positive impact of the Parson administration’s efforts to strengthen our economy will benefit generations of Missourians for years to come. We’re grateful for Governor Parson’s dedication and look forward to building upon his legacy of economic growth.”Business growthUnder Governor Parson’s leadership, from June 1, 2018, to present, DED supported more than 740 business projects that totaled more than $17 billion in investment and more than 60,000 jobs created. DED’s promotion of business growth includes the use of programs, such as the Missouri Works Program, that assist companies in expanding, retaining workers, and creating new jobs. Governor Parson’s emphasis on improving critical infrastructure and strengthening Missouri’s workforce greatly contributed to the number of new projects and overall project size during the last several fiscal years.Significant business projects completed during the Parson administration include the expansion of General Motor’s manufacturing plant in Wentzville, American Foods Group’s new facility in Warren County, Google’s new data center in Kansas City, EquipmentShare’s multiple expansions in central Missouri, Carlisle Construction Materials’ new facility in Sikeston, Casey’s General Stores’ new distribution center in Joplin, and Western Smokehouse Partners’ new facility in Mexico, among others.Today, Missouri is ranked seventh nationally and first in the Midwest for job growth in the last year. Since June 2018, Missouri has added nearly 190,000 jobs to its economy. The state’s GDP growth is also outpacing national growth.Community developmentDuring the Parson administration, DED supported a variety of projects to strengthen communities and increase their capacity for economic growth. Since June 1, 2018, DED’s Community Development Block Grant (CDBG) Program awarded funds to 320 projects across the state that totaled $230.6 million and have impacted more than 1 million Missourians.Through ten grant programs funded through the American Rescue Plan Act (ARPA), DED awarded more than $530 million to more than 700 communities, nonprofits, and businesses for projects supporting broadband access, workforce training, community revitalization, local tourism, industrial sites, and more.DED’s Office of Broadband Development (OBD) greatly expanded efforts to connect all Missourians to quality internet access as it secured $1.7 billion in funding through the federal Broadband Equity, Access, and Deployment (BEAD) program – the third largest allocation in the nation. As OBD begins BEAD implementation, more than 75,000 new and improved connections have already been made through other programs that have awarded more than $310 million.Workforce trainingMissouri One Start, the state’s premier workforce recruitment and training division, was formed by an executive order signed by Governor Parson in 2019. Since then, Missouri One Start has trained more than 173,000 employees as it supported more than 1,300 projects that represent a total of more than $10.7 billion in capital investment.Tourism impactMissouri’s vibrant tourism industry also thrived under Governor Parson’s leadership. Since June 1, 2018, the state saw more than $103.7 billion in tourism-related spending with an average of more than 288,000 people working in tourism/hospitality each year.About the Missouri Department of Economic DevelopmentThe Missouri Department of Economic Development (DED) works to create an environment that encourages economic growth by supporting Missouri’s businesses and diverse industries, strengthening our communities, developing a talented and skilled workforce, and maintaining a high quality of life. As one team built around the customer and driven by data, DED aspires to be the best economic development department in the Midwest. Through its various initiatives, DED is helping create opportunities for Missourians to prosper.For the latest updates on DED’s current or future programs and initiatives, visit DED’s website.About the Missouri Works ProgramAs the state’s number one incentive tool for expansion and retention, the Missouri Works Program helps businesses access capital through withholdings or tax credits to embark on facility expansions and create jobs. This program can also help businesses purchase equipment to maintain its facility in Missouri.About Missouri One StartMissouri One Start is the state’s premier workforce recruitment and training division. It helps eligible businesses of all sizes stay competitive by providing customized recruitment assistance, along with resources to train and upskill new and existing employees. Its recruitment strategies and training programs are tailored to the specific workforce needs of the businesses it serves. https://ded.mo.gov/press-room/edged-data-centers-opens-new-data-center-kansas-city-investing-more-143-million 5246 at https://ded.mo.gov Wed, 11 Dec 2024 16:40:51 +0000 Edged Data Centers opens new data center in Kansas City, investing more than $143 million Chase Lindley Wed, 12/11/2024 - 16:40 December 12, 2024 Kansas City Edged, a fast-growing sustainable infrastructure provider, has opened a new ultra-efficient data center in Kansas City, investing more than $143 million. The company celebrated the opening of the state-of-the-art facility with a ribbon cutting ceremony yesterday.“Edged’s new facility in Kansas City is the latest example of a leading, high-tech employer choosing Missouri,” said Governor Mike Parson. “All across our state, innovative companies are recognizing that we have what it takes to ensure their success – including a strategic location, strong infrastructure, and a skilled workforce.”Edged’s data center will provide 26 megawatts of critical capacity without the use of water for cooling to deliver ultra-efficient operations to the high-tech market. The facility is designed to support advanced computing technology, cloud services, and high-density artificial intelligence workloads.“We are incredibly grateful to Governor Parson and state and local officials who partnered with us to transform this underutilized site into a state-of-the-art IT facility and true asset to the community,” said Bryant Farland, Chief Executive Officer for Edged. “The project represents an important step in the region’s continued commitment to sustainable leadership and economic growth. Edged Kansas City represents a $143M initial economic investment, bringing positive impact to the city and region at large. We are honored to support Kansas City’s thriving digital economy with innovative and sustainable solutions.”Edged Kansas City uses 74% less energy overhead than conventional data centers to avoid straining the local energy grid. Each Edged data center is outfitted with the ThermalWorks waterless cooling system which uses no water and is expected to save nearly 95 million gallons of water each year compared to conventional data centers. The company has a growing network of data centers under construction or in operation across the country.“DED is proud to join our partners in supporting Edged’s impressive new facility in Kansas City,” said Michelle Hataway, Director of the Department of Economic Development. “This exciting project exemplifies our state’s ability to attract and support next-generation companies as they invest, innovate, and help Missourians prosper.”For this expansion, Edged will benefit from the Data Center Sales Tax Exemption Program.What others are saying“The opening of Edged Kansas City is a tremendous example of how Missouri continues to lead in sustainable innovation and cutting-edge technology,” said Subash Alias, CEO of Missouri Partnership. “By investing in waterless cooling technology and high-performance infrastructure, Edged is not only enhancing Kansas City’s digital economy but also setting a new standard for environmental stewardship. We are proud to welcome Edged to Missouri and look forward to their long-term success in our state.”“Our strength in the technology sector, specifically data centers, has been building over the last several years and creating great, high-paying job opportunities for those in our community,” said Steven Anthony, Executive Director of Business Development for EDCKC. “We’re continuing to pursue additional data center and other tech market opportunities in KCMO, which will only help strengthen our national appeal in this sector.”“Kansas City is proud to be home to forward-thinking companies driving both environmental stewardship and economic development. It's why we are excited Edged is opening a brand-new sustainable data center in Kansas City, a powerful example of how sustainability and technology can work together,” said Kansas City Mayor Quinton Lucas. “Edged is strengthening Kansas City's position as a leader in the next generation of digital infrastructure, while creating jobs and driving economic growth.”About EdgedEdged is a vertically integrated global platform of on-demand data centers. Its operations are designed to be carbon and water neutral. Edged Energy is an Endeavour company.To learn more about Edged, visit edged.us.About EndeavourEndeavour is an innovation platform that builds sustainable infrastructure companies to make clean water and renewable energy affordable and accessible to all.To learn more about Endeavour, visit endeavourii.com.About the Missouri Department of Economic DevelopmentThe Missouri Department of Economic Development (DED) works to create an environment that encourages economic growth by supporting Missouri’s businesses and diverse industries, strengthening our communities, developing a talented and skilled workforce, and maintaining a high quality of life. As one team built around the customer and driven by data, DED aspires to be the best economic development department in the Midwest. Through its various initiatives, DED is helping create opportunities for Missourians to prosper.For the latest updates on DED’s current or future programs and initiatives, visit DED’s website. https://ded.mo.gov/press-room/openstore-establish-fulfillment-center-kansas-city-investing-5-million-and-creating-46 5241 at https://ded.mo.gov Tue, 10 Dec 2024 08:27:14 +0000 OpenStore to establish fulfillment center in Kansas City, investing $5 million and creating 46 new jobs Chase Lindley Tue, 12/10/2024 - 08:27 December 10, 2024 Kansas City OpenStore, an innovative e-commerce platform transforming how businesses scale and operate, announced today that it will establish its first-ever fulfillment center in Kansas City, investing $5 million and creating 46 new jobs.“No matter the industry, Missouri delivers what innovative businesses like OpenStore need to invest, grow, and thrive,” said Governor Mike Parson. “It’s always exciting to see cutting-edge companies choosing the Show-Me State due to our strategic location, superior infrastructure and talented workforce. We welcome OpenStore to Kansas City and look forward to its contributions to the area’s growing distribution sector.”The 113,000-square-foot facility, located at Executive Park Logistics Center, positions OpenStore to provide faster and more efficient service to its growing portfolio of e-commerce brands. The investment is expected to bring 46 new jobs to the Kansas City region in the next five years. OpenStore expects to open the new facility in March 2025.“We are thrilled to announce the opening of our first fulfillment center in Kansas City, Missouri — a major milestone that underscores OpenStore's incredible growth and our commitment to delivering world-class service to our customers,” said David Reifschneider, head of supply chain at OpenStore. “This expansion not only enhances our operational capabilities but also positions us to better serve our customers while implementing technology-driven fulfillment solutions. The future is bright and we’re excited to embark on this next chapter of growth and opportunity with the significant talent resources in the Kansas City region.”OpenStore is the largest operator of businesses on Shopify, with more than 100,000 SKUs and a customer base exceeding 2 million. The e-commerce company is committed to scaling its portfolio through investments in technology and innovation, improving customer support with its AI-powered tool, OpenDesk, and optimizing logistics with its new fulfillment center.“We’re thrilled to support OpenStore as it joins a growing list of high-tech employers expanding in Kansas City,” said Michelle Hataway, Director of the Department of Economic Development. “We look forward to OpenStore helping Missourians prosper in the Kansas City region by bringing additional investment and new jobs to the area.”For this expansion, OpenStore will benefit from the Missouri Works program, a tool that helps companies expand and retain workers by providing access to capital through withholdings or tax credits for job creation.What others are saying“I am proud OpenStore chose Kansas City to plant its roots for its first-ever fulfillment center,” said Kansas City Mayor Quinton Lucas. “With OpenStore's innovative e-commerce technology and our world-class distribution capabilities, talented workforce, and ideal location, I look forward to an exciting chapter in growing our digital economy in Kansas City.”“We're a city of innovators and we're proud to welcome an innovative company like OpenStore to Kansas City,” said Steven Anthony, Vice President of the Economic Development Corporation of Kansas City. “We look forward to the continued growth and success of their operations here.”“Kansas City continues to be a key player in industrial growth and innovation, attracting 70 million square feet of development in the past decade,” said Josie Calkins, Director at KC SmartPort, a strategic affiliate of the Kansas City Area Development Council. “The region’s unmatched location and logistics advantages are highly attractive to technologically innovative companies like OpenStore looking to optimize their operations and expand their reach.”“We are excited to welcome OpenStore to Missouri, where innovation and industry meet to create extraordinary opportunities,” said Subash Alias, CEO of Missouri Partnership. “Their investment in Kansas City highlights the strength of our central location, robust infrastructure, and skilled workforce. Missouri continues to be a premier destination for e-commerce and logistics companies, and we look forward to seeing OpenStore thrive in our state.”About OpenStoreOpenStore is the largest operator of businesses on Shopify. With over 100,000 SKUs and a customer base exceeding 2 million, OpenStore invests in innovation and technology to drive sustainable growth and long-term success across its diverse portfolio.To learn more about OpenStore, visit open.store.About the Missouri Department of Economic DevelopmentThe Missouri Department of Economic Development (DED) works to create an environment that encourages economic growth by supporting Missouri’s businesses and diverse industries, strengthening our communities, developing a talented and skilled workforce, and maintaining a high quality of life. As one team built around the customer and driven by data, DED aspires to be the best economic development department in the Midwest. Through its various initiatives, DED is helping create opportunities for Missourians to prosper.For the latest updates on DED’s current or future programs and initiatives, visit DED’s website.About the Missouri Works ProgramAs the state’s number one incentive tool for expansion and retention, the Missouri Works Program helps businesses access capital through withholdings or tax credits to embark on facility expansions and create jobs. This program can also help businesses purchase equipment to maintain its facility in Missouri. https://ded.mo.gov/press-room/central-power-systems-services-expand-platte-city-investing-more-285-million-and 5236 at https://ded.mo.gov Mon, 09 Dec 2024 11:56:57 +0000 Central Power Systems & Services to expand in Platte City, investing more than $28.5 million and creating 245 jobs Taylor Lewis Mon, 12/09/2024 - 11:56 December 9, 2024 Platte City Central Power Systems & Services, a power generator manufacturer, announced today that it will expand in Platte City, investing more than $28.5 million and creating 245 jobs. The company's expansion includes the addition of a hands-on training center with state-of-the-art equipment, machinery to allow for increased production capabilities, and more space for future growth.“Central Power Systems & Services’ significant expansion in Platte City is another example of a leading manufacturer choosing Missouri as a place to grow,” said Governor Mike Parson. “This company’s success in our state is bringing even more investment and good-paying jobs to the thriving Kansas City region. We congratulate Central Power Systems & Services as the company continues to benefit from our low costs, ideal infrastructure, and skilled workforce.”Central Power has created solutions for power generation since 1954. Today, the company operates across 22 locations with 500 employees nationwide. Central Power specializes in the manufacturing and assembly of natural gas and diesel generators in addition to maintenance and rental services of generators and other heavy equipment, including industrial engines, construction and agricultural equipment, and more.“Central Power has been building custom designed products within the area for over a decade, and we are honored to have the opportunity to continue to grow within our Platte County community,” said Paige Roberts, Director of Marketing for Central Power. “Our leadership team is comprised of individuals who have an extensive background in diesel repair, and our company values are centered around doing what is right and taking care of our team members. We look forward to bringing these values to the Platte City community, along with bright career options and technical training programs! We thank everyone for the tremendous support we have received already.”Central Power utilizes its established relationships with top-tier manufacturers to ensure quality in every project while its certified fleet of diesel technicians ensures customer satisfaction.“DED is pleased to support Central Power Systems & Services as it brings new opportunities to Platte City,” said Michelle Hataway, Director of the Department of Economic Development. “We’re excited to see manufacturers continuing to help Missourians prosper in the Kansas City region and beyond through investment and job creation.”New jobs added as part of Central Power's expansion will pay an average wage well above the county average.For this expansion, Central Power will benefit from the Missouri Works program, a tool that helps companies expand and retain workers by providing access to capital through withholdings or tax credits for job creation. The company may receive assistance from Missouri One Start, a division of the Department of Economic Development. Missouri One Start assists eligible businesses with their recruitment and training needs.What others are saying“The City of Platte City is excited to welcome Central Power as a very strong tenant to the new Platte International Commerce Center business park,” said Platte City Mayor Steven Hoeger. “The project will create 245 new jobs while also creating an innovative partnership with the Platte County R-3 School District allowing local students the opportunity to learn professional skills and secure positions in the future. The project truly is a significant win for both Central Power and Platte City.”"We are thrilled Central Power Systems & Services has expanded in Platte County," said Tina Chace, Executive Director of Platte County Economic Development Council. "It has been a pleasure collaborating with them and VanTrust Real Estate to maintain Central Power's strong presence in the Northland. This expansion highlights the company's confidence in our region as a thriving hub for business growth, bringing valuable opportunities and continued development to our community. We look forward to celebrating Central Power's success in their new home."About Central Power Systems & ServicesCentral Power is a privately and locally owned business with deep roots in the diesel industry dating back to 1954. No matter the situation, the company has solutions for power generation, power distribution, industrial engines, construction and agricultural equipment, custom manufactured projects, and on-highway transportation service. As a dynamic and ever-growing company with 500 dedicated employees and 22 locations, Central Power represents a wide range of top-tier manufacturers and brings those relationships right to customers’ doors.To learn more about Central Power, visit cpower.com.About the Missouri Department of Economic DevelopmentThe Missouri Department of Economic Development (DED) works to create an environment that encourages economic growth by supporting Missouri’s businesses and diverse industries, strengthening our communities, developing a talented and skilled workforce, and maintaining a high quality of life. As one team built around the customer and driven by data, DED aspires to be the best economic development department in the Midwest. Through its various initiatives, DED is helping create opportunities for Missourians to prosper.For the latest updates on DED’s current or future programs and initiatives, visit DED’s website.About the Missouri Works ProgramAs the state’s number one incentive tool for expansion and retention, the Missouri Works Program helps businesses access capital through withholdings or tax credits to embark on facility expansions and create jobs. This program can also help businesses purchase equipment to maintain its facility in Missouri.About Missouri One StartMissouri One Start is the state’s premier workforce recruitment and training division. It helps eligible businesses of all sizes stay competitive by providing customized recruitment assistance, along with resources to train and upskill new and existing employees. Its recruitment strategies and training programs are tailored to the specific workforce needs of the businesses it serves. https://ded.mo.gov/press-room/applications-credential-training-program-open-january-1-2025 5231 at https://ded.mo.gov Mon, 09 Dec 2024 08:22:07 +0000 Applications for Credential Training Program open January 1, 2025 Chase Lindley Mon, 12/09/2024 - 08:22 December 9, 2024 Jefferson City Missouri One Start, a division of the Department of Economic Development (DED), has announced that the next application period for the Credential Training Program opens on January 1. The Credential Training Program is a competitive grant that helps employers offset the cost of short-term, industry-related employee credentialing.“The Credential Training Program is new—this is our second application period. What’s exciting about this opportunity is that it provides resources to assist Missouri companies of all sizes, and in any industry, to upskill their employees or prospective employees,” said Kristie Davis, Director of Missouri One Start. “As technology continues to advance and industries adjust, it is essential to make investments that help our workforce keep up with the appropriate qualifications, both for the growth of our Missouri economy and the expansion of our talent pipeline.”Applications for the program will be accepted throughout January. When an employer is accepted for the program, a preliminary award letter will be issued to them, and the employee will have 12 months from that date to earn their credential. The business will be reimbursed once proof has been submitted to the State, showing the worker successfully earned the credential.“Obtaining proper credentials can be expensive,” said Program Coordinator Sarah Brockes-Miller. “We invite employers across Missouri to look into this program. It can provide reimbursement up to $2,000 per employee for credentials successfully earned.”Awards are limited to $30,000 per company per fiscal year, and there is a $6 million maximum program cap per fiscal year, subject to annual appropriation. Moving forward, applications are to be accepted throughout one month each quarter (January, April, July, and October).Full guidelines for the Credential Training Program can be found here, and promotional assets for the program can be found here.For any further questions, email upskill@missourionestart.com.About Missouri One StartMissouri One Start is the state’s premier workforce recruitment and training division. It helps eligible businesses of all sizes stay competitive by providing customized recruitment assistance, along with resources to train and upskill new and existing employees. Its recruitment strategies and training programs are tailored to the specific workforce needs of the businesses it serves.To learn more about Missouri One Start, visit their website.About the Missouri Department of Economic DevelopmentThe Missouri Department of Economic Development (DED) works to create an environment that encourages economic growth by supporting Missouri’s businesses and diverse industries, strengthening our communities, developing a talented and skilled workforce, and maintaining a high quality of life. As one team built around the customer and driven by data, DED aspires to be the best economic development department in the Midwest. Through its various initiatives, DED is helping create opportunities for Missourians to prosper.For the latest updates on DED’s current or future programs and initiatives, visit DED’s website. https://ded.mo.gov/press-room/cam-construction-services-expand-glasgow-investing-925000-and-creating-30-new-jobs 5226 at https://ded.mo.gov Wed, 04 Dec 2024 09:36:38 +0000 CAM Construction Services to expand in Glasgow, investing $925,000 and creating 30 new jobs Chase Lindley Wed, 12/04/2024 - 09:36 December 4, 2024 Glasgow CAM Construction Services, a leader in custom cabinetry, announced today that it will expand in Glasgow, investing $925,000 and creating 30 new jobs. The company’s expansion includes the establishment of a new facility for Heritage Wood Mills, its cabinet manufacturing division.“We’re pleased to see yet another quality manufacturer like CAM Construction Services choosing to locate in Missouri,” said Governor Mike Parson. “This company’s decision to invest and create new jobs in Glasgow is welcome news for the community and our state’s thriving manufacturing industry. Once again, our strategic central location, skilled workforce, and low costs have produced results that are strengthening our economy.”CAM Construction Services’ strategic move reflects the company’s commitment to delivering high-quality, locally crafted cabinetry to homeowners, general contractors, municipalities, and businesses across Missouri and surrounding states. Heritage Wood Mills will produce a wide range of cabinetry options at the new facility, from convenient online orders to fully customized designs.“We’re excited to bring our operations to Glasgow, creating jobs and strengthening local manufacturing while enhancing our ability to serve customers throughout the region,” said Clint Jacobs, CEO of CAM Construction Services. “Our expansion underscores our mission to combine exceptional quality with personalized service for every project, big or small.”Construction for CAM Construction Services’ new manufacturing facility is currently underway with plans to open early next year. Cabinets will be manufactured entirely in Missouri, ensuring quality, reliability, and a commitment to supporting local craftsmanship without reliance on overseas suppliers.“CAM Construction Services’ new facility in Glasgow is the latest example of an employer helping Missourians prosper through investment and job creation,” said Michelle Hataway, Director of the Department of Economic Development. “DED is proud to support this exciting project that was made possible by our state’s economic advantages and the contributions of our incredible partners.”For this expansion, CAM Construction Services will benefit from the Missouri Works program, a tool that helps companies expand and retain workers by providing access to capital through withholdings or tax credits for job creation. The company may receive assistance from Missouri One Start, a division of the Department of Economic Development. Missouri One Start assists eligible businesses with their recruitment and training needs.What others are saying“We are thrilled to welcome CAM Construction Services LLC as they establish a new manufacturing facility in our community,” said Glasgow Mayor Joseph Gibbs. “This is a significant milestone for our city, and we are committed to providing the support and resources needed to ensure their success. We look forward to working closely with the company as they settle in and contribute to the continued economic development of Glasgow. This investment is a shining example of how our community is evolving, and we couldn’t be more excited to see what the future holds for both CAM Construction and Glasgow, Missouri.”“We are ecstatic to welcome CAM Construction Services to Glasgow, Howard County, and the broader Northeast Missouri region,” said Kaylee Paffrath, President and CEO of the Moberly Area Economic Development Corporation and Provider of Economic Development Services for the Howard County Economic Development Council. “This project highlights the strength of partnerships and our dedication to fostering growth and opportunity, especially for rural communities. We’re excited to support CAM Construction Services as they grow and succeed in their new home.”“CAM Construction Services’ decision to expand to Glasgow is a testament to the incredible manufacturing talent and resources we have here in Missouri,” said Subash Alias, CEO of Missouri Partnership. “Missouri has a rich history of craftsmanship and innovation, and this investment not only builds on that legacy but also strengthens our rural communities. We’re excited to see this project come to life and look forward to the positive impact it will bring to Glasgow and the surrounding region.”About CAM Construction ServicesFounded in 2018, Heritage Wood Mills, a division of CAM Construction Services, specializes in crafting high-quality custom cabinetry for both residential and commercial spaces. With a commitment to superior craftsmanship and innovative design, Heritage Wood Mills offers a wide range of styles, materials, and finishes to bring each client’s unique vision to life. From kitchens and bathrooms to tailored storage solutions, the team blends expert artistry with state-of-the-art technology to deliver exceptional results. Proudly serving Missouri and the surrounding areas, Heritage Wood Mills is dedicated to creating spaces that embody functionality, durability, and timeless beauty.About the Missouri Department of Economic DevelopmentThe Missouri Department of Economic Development (DED) works to create an environment that encourages economic growth by supporting Missouri’s businesses and diverse industries, strengthening our communities, developing a talented and skilled workforce, and maintaining a high quality of life. As one team built around the customer and driven by data, DED aspires to be the best economic development department in the Midwest. Through its various initiatives, DED is helping create opportunities for Missourians to prosper.For the latest updates on DED’s current or future programs and initiatives, visit DED’s website.About the Missouri Works ProgramAs the state’s number one incentive tool for expansion and retention, the Missouri Works Program helps businesses access capital through withholdings or tax credits to embark on facility expansions and create jobs. This program can also help businesses purchase equipment to maintain its facility in Missouri.About Missouri One StartMissouri One Start is the state’s premier workforce recruitment and training division. It helps eligible businesses of all sizes stay competitive by providing customized recruitment assistance, along with resources to train and upskill new and existing employees. Its recruitment strategies and training programs are tailored to the specific workforce needs of the businesses it serves. https://ded.mo.gov/press-room/eaglepicher-technologies-expand-joplin-investing-209-million-and-creating-100-new-jobs 5221 at https://ded.mo.gov Thu, 21 Nov 2024 11:22:47 +0000 EaglePicher Technologies to expand in Joplin, investing $20.9 million and creating 100 new jobs Taylor Lewis Thu, 11/21/2024 - 11:22 November 21, 2024 Joplin EaglePicher Technologies, a leader in defense and aerospace manufacturing, announced today that it will expand in Joplin, investing $20.9 million and creating 100 new jobs. The company broke ground today on a new energetics facility and administration building at its existing Joplin headquarters location.“Major expansions from industry leaders like EaglePicher Technologies continue to prove Missouri’s status as a top business destination,” said Governor Mike Parson. “This company’s decision to build state-of-the-art facilities in Joplin further demonstrates our ability to support employers through superior infrastructure and a skilled workforce. We’re pleased to see EaglePicher Technologies strengthening our defense and aviation sectors with such a significant investment.”EaglePicher Technologies’ new manufacturing facility will feature state-of-the-art advancements in manufacturing technology with semi-automatic capabilities. Advanced software for data retrieval and tracking will be housed at the facility. The U.S. owned company is known for its battery technology, energetic devices, and battery management systems. EaglePicher Technologies experienced an influx in battery production after launching a battery into space aboard NASA’s Explorer 1 satellite in 1958.“This investment will position EaglePicher’s energetics business for significant growth, while strengthening our ability to respond to current demands in a premier defense and aerospace manufacturing facility,” said Matt Housh, General Manager of EaglePicher’s Energetics Business Unit.EaglePicher Technologies, headquartered in Joplin, has more than 700 total employees with 600 employed at its Joplin location. New jobs added as part of EaglePicher Technologies’ expansion will pay an average wage well above the county average.“Today’s announcement from EaglePicher Technologies is an exciting example of putting our mission of helping Missourians prosper into action,” said Michelle Hataway, Director of the Department of Economic Development. “This innovative company’s ongoing commitment to southwest Missouri is providing new investment, creating quality jobs, and supporting industries vital to a secure and prosperous future.”For this expansion, EaglePicher Technologies will benefit from the Missouri Works program, a tool that helps companies expand and retain workers by providing access to capital through withholdings or tax credits for job creation. The company may receive assistance from Missouri One Start, a division of the Department of Economic Development. Missouri One Start assists eligible businesses with their recruitment and training needs.What others are saying“This is truly a landmark development for the City of Joplin,” said Travis Stephens, President and CEO of the Joplin Area Chamber of Commerce. “The wage levels and number of jobs that will follow are significant and the appreciation of the leadership of Steve Westfall and the Tuthill family, and their vision for EaglePicher, cannot be understated. We are grateful for their confidence in the workforce and the supportive community to locate this unique facility in Joplin.”“EaglePicher Technologies continues to demonstrate its commitment to the MOKAN region with this significant investment in our community,” said Amy Kauffman, Workforce and Business Expansion Director of the MOKAN Partnership. “The company’s expansion not only strengthens our local economy but also brings high-quality, well-paying jobs to our residents. We are proud to have EaglePicher as a valued partner in advancing our region's growth and innovation, and we look forward to its continued success here.”About EaglePicher TechnologiesEaglePicher Technologies is a leading producer of batteries, power-supply products, and energetic devices. For more than 100 years, it has served the mission-critical space, defense, and aviation markets. The company’s products are a key component of the U.S. Defense, Aerospace, and Maritime programs.To learn more about EaglePicher Technologies, visit eaglepicher.com.About the Missouri Department of Economic DevelopmentThe Missouri Department of Economic Development (DED) works to create an environment that encourages economic growth by supporting Missouri’s businesses and diverse industries, strengthening our communities, developing a talented and skilled workforce, and maintaining a high quality of life. As one team built around the customer and driven by data, DED aspires to be the best economic development department in the Midwest. Through its various initiatives, DED is helping create opportunities for Missourians to prosper.For the latest updates on DED’s current or future programs and initiatives, visit DED’s website.About the Missouri Works ProgramAs the state’s number one incentive tool for expansion and retention, the Missouri Works Program helps businesses access capital through withholdings or tax credits to embark on facility expansions and create jobs. This program can also help businesses purchase equipment to maintain its facility in Missouri.About Missouri One StartMissouri One Start is the state’s premier workforce recruitment and training division. It helps eligible businesses of all sizes stay competitive by providing customized recruitment assistance, along with resources to train and upskill new and existing employees. Its recruitment strategies and training programs are tailored to the specific workforce needs of the businesses it serves. https://ded.mo.gov/press-room/icl-group-creating-more-150-jobs-st-louis 5211 at https://ded.mo.gov Tue, 19 Nov 2024 12:48:47 +0000 ICL Group creating more than 150 jobs in St. Louis Chase Lindley Tue, 11/19/2024 - 12:48 November 19, 2024 St. Louis (city) ICL Group, a leading global specialty minerals company, announced today that its planned expansion into the North American battery materials market will be built in north St. Louis City. The company is investing approximately half a billion dollars and creating more than 150 jobs to build a large-scale commercial production plant that will manufacture lithium iron phosphate (LFP) cathode active material (CAM) destined for the energy storage and electric vehicle end-markets.“ICL Group’s expansion is exciting news for St. Louis, our state, and our nation’s manufacturing independence,” said Governor Mike Parson. “When we met in Israel just two years ago, ICL Group demonstrated a commitment to innovation and economic growth that we’re sure will benefit Missourians for years to come.”ICL Group currently has 335 full-time employees in the St. Louis area across its three existing locations, which include its North American headquarters, an R&D center in Webster Groves, and a production plant in the Carondelet neighborhood. The more than 150 jobs being added as part of this expansion will pay an average wage well above the median county rate.“While we had initially intended to locate our state-of-the-art battery materials manufacturing plant at our existing ICL Carondelet campus, we have now selected a more suitable site in north St. Louis,” said Phil Brown, president of the Phosphate Specialties and managing director of North America for ICL Group. “Our expansion into north St. Louis demonstrates our ongoing commitment to the city. While we will continue to be a good neighbor in south St. Louis, at our existing 19-acre campus, we also look forward to bringing positive economic change to north St. Louis with our new facility.”ICL Group was among the companies visited by Governor Mike Parson and the Missouri delegation during the Trade Mission to Israel, the United Arab Emirates, and Greece in November 2022.“DED is proud to support ICL Group as it helps Missourians prosper through this significant expansion,” said Michelle Hataway, Director of the Department of Economic Development. “As a global leader in specialty minerals, ICL is contributing to the ongoing growth of the St. Louis region through this major investment and job creation.”For this expansion, ICL Group will benefit from the Missouri Works program, a tool that helps companies expand and retain workers by providing access to capital through withholdings or tax credits for job creation. The company is also receiving assistance from Missouri One Start, a division of the Department of Economic Development. Missouri One Start assists eligible businesses with their recruitment and training needs. The BUILD program, a program that helps companies embark on major investment and job creation expansions, was also used by the company.What others are saying“This next phase of ICL’s expansion in St. Louis adds to its already robust presence in the metro,” said Maggie Kost, Chief Business Attraction Officer for Greater St. Louis, Inc. “Its commitment of more than half a billion dollars here, home to its North American headquarters, will not just grow high-quality jobs but expand the depth and breadth of our manufacturing capacities - and grow key industry sectors in the process.”“We commend ICL on its commitment to expanding in the City of St. Louis,” said Neal Richardson, President and CEO of St. Louis Development Corporation (SLDC). “In addition to the 150 new full-time, well-paying manufacturing, maintenance, and support jobs that will be created by ICL’s approximately half a billion dollar investment in North City, construction of the new facility will bring more than 1,000 construction jobs over a two-year period, having a positive impact on St. Louis area contractors, diverse/minority suppliers, and the entire region.”“ICL's expansion demonstrates how businesses are thriving in every corner of our service territory across Missouri,” said Mark Birk, president and chairman of Ameren Missouri. “As ICL's decision to grow its manufacturing base in St. Louis demonstrates, Ameren Missouri’s Smart Energy Plan continues to be instrumental in making the region more attractive for businesses while also providing reliable energy to power the needs of all customers today and tomorrow. We also welcome the new jobs that will pay additional dividends to neighborhoods and cities across the entire region.”About ICLICL Group is a leading global specialty minerals company, which creates impactful solutions for humanity's sustainability challenges in the food, agriculture and industrial markets. ICL leverages its unique bromine, potash and phosphate resources, its global professional workforce, and its sustainability focused R&D and technological innovation capabilities, to drive the company's growth across its end markets. The company employs more than 12,000 people worldwide, and its 2023 revenues totaled approximately $7.5 billion.To learn more about ICL, visit icl-group.com.About the Missouri Department of Economic DevelopmentThe Missouri Department of Economic Development (DED) works to create an environment that encourages economic growth by supporting Missouri’s businesses and diverse industries, strengthening our communities, developing a talented and skilled workforce, and maintaining a high quality of life. As one team built around the customer and driven by data, DED aspires to be the best economic development department in the Midwest. Through its various initiatives, DED is helping create opportunities for Missourians to prosper.For the latest updates on DED’s current or future programs and initiatives, visit DED’s website.About the Missouri Works ProgramAs the state’s number one incentive tool for expansion and retention, the Missouri Works Program helps businesses access capital through withholdings or tax credits to embark on facility expansions and create jobs. This program can also help businesses purchase equipment to maintain its facility in Missouri.About Missouri One StartMissouri One Start is the state’s premier workforce recruitment and training division. It helps eligible businesses of all sizes stay competitive by providing customized recruitment assistance, along with resources to train and upskill new and existing employees. Its recruitment strategies and training programs are tailored to the specific workforce needs of the businesses it serves.About the BUILD ProgramThe Business Use Incentives for Large-Scale Development (BUILD) Program helps companies embark on major investment and job creation expansions. The program provides low-interest loans to qualified borrowers through the issuance of tax-exempt revenue bonds for the acquisition, construction, and equipping of qualified manufacturing production facilities and/or equipment. https://ded.mo.gov/press-room/general-mills-expand-hannibal-creating-more-35-new-jobs 5201 at https://ded.mo.gov Mon, 18 Nov 2024 11:33:35 +0000 General Mills to expand in Hannibal, creating more than 35 new jobs Taylor Lewis Mon, 11/18/2024 - 11:33 November 20, 2024 Hannibal General Mills, a leading global food manufacturer, announced today that it will expand its manufacturing facility in Hannibal, creating more than 35 new jobs. The company’s expansion includes the addition of an Old El Paso hard-shell taco production line, increased square footage, and infrastructure improvements.“General Mills’ expansion in Hannibal is another example of our state’s status as a prime destination for world-class manufacturers,” said Governor Mike Parson. “This company’s more than 50-year presence in northeast Missouri speaks to the region’s ability to support quality employers and drive economic growth.General Mills’ manufacturing facility in Hannibal produces food products across multiple categories and brands, including Nature Valley, Betty Crocker, Old El Paso, and Progresso. The company’s Hannibal location has been in operation since 1972 and has undergone multiple expansions to now employ more than 1,000 people.“Hannibal is a key manufacturing facility for General Mills and this latest investment will enable us to expand our footprint and grow our plant community,” said Tim Johnson, General Mills Plant Manager. “We are extremely proud of our contributions to the local community and look forward to what the future has in store.”“DED is pleased to support General Mills as it continues to grow and help Missourians prosper in Hannibal,” said Michelle Hataway, Director of the Department of Economic Development. “We’re thrilled that General Mills is continuing to thrive and create good-paying jobs for Missourians and their families.”New jobs added as part of General Mills’ expansion will pay an average wage well above the county average.For this expansion, General Mills will benefit from the Missouri Works program, a tool that helps companies expand and retain workers by providing access to capital through withholdings or tax credits for job creation. The company may receive assistance from Missouri One Start, a division of the Department of Economic Development. Missouri One Start assists eligible businesses with their recruitment and training needs.What others are saying“We are thrilled to see General Mills continue to invest in the Hannibal plant,” said Maria Kuhns, Executive Director of the Hannibal Regional Economic Development Council. “This expansion is yet another chapter in a history of collaboration between General Mills and local and state governments to bring quality jobs and investment to our community. General Mills is an integral part of the Hannibal region, and we’re proud they recognize Hannibal’s long-term potential and continue to make it a key part of their success.”About General MillsGeneral Mills makes food the world loves. The company is guided by its Accelerate strategy to boldly build its brands, relentlessly innovate, unleash its scale and stand for good. Its portfolio of beloved brands includes household names like Cheerios, Nature Valley, Blue Buffalo, Häagen-Dazs, Old El Paso, Pillsbury, Betty Crocker, Yoplait, Totino’s, Annie’s, Wanchai Ferry, Yoki, and more. General Mills generated fiscal 2024 net sales of U.S. $20 billion. In addition, the company’s share of non-consolidated joint venture net sales totaled U.S. $1 billion.To learn more about General Mills, visit generalmills.com.About the Missouri Department of Economic DevelopmentThe Missouri Department of Economic Development (DED) works to create an environment that encourages economic growth by supporting Missouri’s businesses and diverse industries, strengthening our communities, developing a talented and skilled workforce, and maintaining a high quality of life. As one team built around the customer and driven by data, DED aspires to be the best economic development department in the Midwest. Through its various initiatives, DED is helping create opportunities for Missourians to prosper.For the latest updates on DED’s current or future programs and initiatives, visit DED’s website.About the Missouri Works ProgramAs the state’s number one incentive tool for expansion and retention, the Missouri Works Program helps businesses access capital through withholdings or tax credits to embark on facility expansions and create jobs. This program can also help businesses purchase equipment to maintain its facility in Missouri.About Missouri One StartMissouri One Start is the state’s premier workforce recruitment and training division. It helps eligible businesses of all sizes stay competitive by providing customized recruitment assistance, along with resources to train and upskill new and existing employees. Its recruitment strategies and training programs are tailored to the specific workforce needs of the businesses it serves.About Hannibal Regional Economic Development Council (HREDC)HREDC is a nonprofit, public/private partnership that works to promote new investment in Marion and Ralls Counties in an effort to increase the quality of life of citizens.To learn more about HREDC, visit hredc.com.