WireCo WorldGroup Expands Sedalia, Missouri, Production
08/02/2021
In addition to WireCo’s manufacturing facility and distribution center in Sedalia, WireCo WorldGroup has two other facilities in Missouri located in Chillicothe and Kirksville.
“This investment will better enable WireCo to respond to the quickly changing U.S. market,” said WireCo’s Chief Operating Officer – Global Steel, Scott Thompson. “We are grateful to Pettis County, Sedalia, and the State of Missouri for their support.”
For this expansion, WireCo used the Missouri Works program, an incentive tool to help 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 of all sizes with their recruitment and training needs.
“WireCo has had a major impact on the Sedalia area, and I’m glad to see them continue to invest in the community,” Department of Economic Development Director Rob Dixon said. “WireCo, and businesses like it, continue to choose Missouri because of our focus on workforce development, infrastructure, and maintaining our pro-growth business climate.”
WireCo WorldGroup is a global leader in manufacturing, engineering, and distributing steel wire rope, synthetic rope and electromechanical cable. These products are instrumental in the industrial and infrastructure end markets, crane and rigging, oil and gas, and mining industries.
“We are thrilled that WireCo has chosen to expand here in Pettis County and the Sedalia area,” said Rusty Kahrs, Board President of Economic Development Sedalia-Pettis County. “When many communities have seen tremendous disruption over the last year, Sedalia and Pettis County have stood strong in our support of existing businesses which has driven continued growth. WireCo’s success in Pettis County is a testament to the talented and hard-working employees of the facility over the last 40 years.”
Project Announcements
Zekelman Industries Expands Blytheville, Arkansas, Operations
04/19/2024
Fibrebond Corporation Expands Webster Parish, Louisiana, Operations
04/19/2024
Master Steel Expands Hardeeville, South Carolina, Operations
04/19/2024
L3Harris Technologies Expands Orange County, Virginia, Operations
04/18/2024
Republic Airways Holdings Plans Tuskegee, Alabama, Training Operations
04/18/2024
South Africa-Based Radel Plans Winston-Salem, North Carolina, Operations
04/18/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024