Continental Casting Plans $2.6 million Investment Adding 80 Jobs At Its Two Missouri Plants
08/29/2012
Gov. Jay Nixon's office said the company produces aluminum, magnesium and zinc die cast solutions for the automotive, communications and electronics industries as well as consumer products. "Homegrown, Missouri companies like Continental Casting are creating jobs and growing our economy," Nixon said. "Missouri job creators know they can count on our low taxes, skilled workforce and great communities to help their business succeed. That's why we will continue to fight for every job, every day, to keep our economy moving forward."
Continental Castings employs about 215 workers at its two manufacturing plants in Monroe City and Palmyra, Missouri. The company said due to an increased demand for its services from a number of new contracts, Continental Casting has embarked upon an expansion at both of its facilities that is expected to see 43 jobs created at the Monroe City plant and 37 new jobs in Palmyra, Missouri.
The Governor said "to assist Continental Casting in moving forward with its growth plans, 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." The plants are also located in Enterprise Zones, making the expansion eligible for grants and tax incentives.
Project Announcements
Canfor Expands Fulton, Alabama, Production Operations
04/22/2024
Tucker Door & Trim Plans Henrico County, Virginia, Operations
04/19/2024
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
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
-
Making Hybrid More Human in 2024
Q1 2024
-
Manufacturing Momentum Is Building
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