A company that manufactures boats, vessel parts and pontoons, Bass Pro Shops Tracker Marine, is making a capital investment of $15 million to expanding its facilities in Lebanon, Missouri, creating 76 jobs over the next five years.
"For nearly 30 years, this homegrown company has invested in its community and provided good jobs for hard-working Missourians," Gov. Jay Nixon said. "We will continue to ensure that Missouri remains the best place in the Midwest for companies like this to put down roots, grow their business and achieve success. By holding the line on taxes and investing in our workforce, we are committed to helping more Missouri companies grow and create jobs."
Bass Pro Shops Tracker Marine operates two plants in Lebanon, which together employ more than 600. The main manufacturing plant produces boats and pontoons for Bass Pro Shops. The second facility produces Bass Pro Shops' top-selling ASCEND line of kayaks, as well as marine parts and fuel tanks for a variety of boats sold by Bass Pro Shops. The firm said increase demand for Bass Pro Shops Tracker Marine products has led to the need for more manufacturing space.
As an incentive to assist Tracker Marine in moving forward with its plans for expansion, the company could be eligible for a strategic economic incentive package from the state of Missouri if it meets the strict job creation and investment criteria of each program.
"Job creators come to Missouri for our low taxes and great communities, and they stay and expand in Missouri because of our skilled workforce and stable economic climate," Gov. Nixon said. "As result, companies are continuing to invest in Missouri, while creating jobs and moving our economy in the right direction."