RANAR Screen Printing Equipment, Inc., a manufacturer of high-performance screen printing equipment, will relocate from California to Union, Missouri.
The company will add a 23,000-square-foot facility used for warehousing, manufacturing, and research and development, while investing in new machinery and equipment. Operations are planned for late 2022.
“Manufacturing facilities have been leaving Missouri for years,” said RANAR Vice President Jeremy Bright. ”We are proud to help reverse that trend by increasing manufacturing jobs in Missouri and the U.S. overall.”
RANAR used 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 participating in Rural Works, which requires a minimum creation of two jobs and a minimum capital investment of $100,000.
“RANAR Screen Printing Equipment’s relocation to Union is great news for our state,” said Governor Mike Parson. “It's important to attract new employers to our state while helping ensure the continued growth of existing businesses and communities. We welcome this company to Missouri and look forward to seeing it succeed.”
Ranar designs and manufactures quality low cost screen printing equipment for the T-Shirt and textile markets. The company also manufactures equipment for the Graphics and ad specialty and pad printing markets.
“We are proud to be helping to bring quality jobs and companies like RANAR to Missouri,” said Mark Birk, chairman and president of Ameren Missouri. “It’s another example of how Ameren Missouri’s Smart Energy Plan is supporting economic development and powering growth in the region.”