As 2022 draws to a close, we’re celebrating a record-breaking year at Missouri Partnership by taking a look back at some of Missouri’s biggest stories in economic development from the past year. Today, we are highlighting Simcote’s expansion into Sedalia, Missouri.
In October, Simcote, Inc., a manufacturer specializing in epoxy-coated rebar and fabrication, as well as a full range of epoxy construction products, announced plans to expand into Missouri with a new $17 million manufacturing facility in Sedalia.
“Missouri’s manufacturing industry continues to grow due to companies like Simcote making the decision to come to our state,” said Governor Mike Parson. “From extensive workforce development programs to cutting red tape and lowering taxes, we have worked hard to make Missouri the best location for businesses to expand. Our efforts are paying off, and with Simcote’s plans to use local contractors to build this new facility, we will see even greater economic benefits for Sedalia and the surrounding region.”
The expansion is expected to create 35 new jobs in the region.
“We are a family business that values our employees, customers, vendors, and the communities we operate in,” said Adam Simmet, President of Simcote. “When we explored locations that support our core values and assist in delivering the highest quality products to our customers, Sedalia became the obvious choice. We look forward to growing our business in this great community.”
“Missouri is seeing a significant amount of new investment from leading global companies,” said Subash Alias, CEO of Missouri Partnership. “Sedalia has a strong ecosystem of manufacturing and steel, so it’s a perfect fit for Simcote. We are confident Missouri will provide Simcote with exceptional talent, solid infrastructure, and a pro-business environment that will ensure they flourish here.”
Check out our full coverage here.