Detroit Tool Metal Products Expands Its Lebanon, Missouri, Manufacturing Plant
Parent company Ironform says the expansion, which is expected to create 30 jobs, is to accommodate increasing customer demand for new powder coat and E-coat lines. Ultimately the new lines will give Detroit Tool Metal Products cost advantages and allow the company to meet rising customer demand.
“We’re always excited to see companies recognizing the competitive advantages of growing their businesses in Missouri,” said Mike Downing, Director of the Missouri Department of Economic Development.
To assist with the company’s expansion, the Missouri Department of Economic Development offered a strategic incentive package that Detroit Tool Metal can access if it meets strict job creation criteria.
Why are Foreign Trade Zones Making a Comeback?
The New Normal in the Automotive Supply Chain
2020 Auto/Aero Site Guide
34th Annual Corporate Survey & the 16th Annual Consultants Survey
Infrastructure Investment as an Economic Stimulus Tool
2019 Top States for Doing Business: Georgia Ranks #1 Sixth Year in a Row
Nondisclosure Agreements Best Practices When Negotiating Incentives