Area Development
Through a Community Development Block Grant of up to $1.6 million, the Missouri Department of Economic Development supported equipment and machinery upgrades at Remington Arms Company in Lexington, Missouri.

According to state officials, the modern equipment will help the company enhance the efficiency and safety of its manufacturing facility, positioning Remington for future growth in the community. As part of the project, the company will maintain a minimum employment level of 80 existing jobs.

“Supporting our state's existing businesses is the surest way to grow our economy,” said Rob Dixon, Acting Director of the Department of Economic Development. “We are proud to work with communities to make it easier for companies to do business in rural Missouri. These upgrades will allow Remington to compete in the global marketplace and pave the way for growth opportunities in the future.”

“Remington is proud to be a part of the Lexington community, where Remington makes wood components for many of the world’s most popular firearms, including the iconic Model 870 pump shotgun and Model 700 bolt-action rifle,” said Senior Vice President of Remington Leland Nichols.

“The safety and efficiency of our Lexington workforce is a primary concern for the company. This CDBG grant will make it possible for Remington to address these concerns and ensure its continued operation in Lexington. Remington very much appreciates the support of Governor Greitens, the Department of Economic Development and Mayor Jerry Brown, who has been instrumental in moving this vital project forward,” he said.

"This CDBG award means more than 80 full time jobs were saved in Lexington and 240 full-time jobs were saved across the state of Missouri," said Lexington Mayor Jerry Brown.

"The state has empowered our rural community to retain a great company and a quality workforce. It has been a pleasure for Mayor Brown and me to work closely with the staff at the Missouri Department of Economic Development along with Mike Press, President of Scout Economics and Emile Buzaid, Associate General Counsel of Remington Arms Company to secure this crucial funding,” said Lexington City Administrator Mark Rounds. “Without everyone's cooperation, the project would not have been possible. This collaboration demonstrates how valuable public/private partnerships are in today's world and it serves as a success story that other smaller cities can learn from."