DED incentives help Danish manufacturing company to create 50 new jobs in Moberly

The Missouri Department of Economic Development (DED) announced today that Vest-Fiber, a supplier of fiberglass products and services primarily to the wind turbine industry headquartered in Denmark, has chosen Moberly to be the location of a new manufacturing facility. The company’s capital investment of $2 million will create 50 new local jobs.

“The decision by an international company like Vest-Fiber to invest $2 million and create 50 new jobs is excellent news for the economy of Moberly and Randolph County,” said Governor Jay Nixon. “From day one as Governor, my administration has been focused on creating jobs and moving our economy forward, and I am pleased that we were able to provide the economic tools to help make this project possible. This significant investment by a European company is more clear evidence that Missouri’s economy is on the move.”

[Missouri Department of Economic Development]