Moberly Area Economic Development Corporation announced today that Turnkey Processing Solutions, LLC has purchased Phoenix Manufacturing.
Phoenix Manufacturing currently employs 32 people and operates manufacturing facilities in Cole Camp and Glasgow Missouri. The facilities will continue to operate under the Phoenix Manufacturing brand.
In addition to the purchase of Phoenix, the company plans to expand its operations in both Cole Camp and Glasgow to include 45+ new FTE jobs created over the next 2 years with a capital investment of over $1,250,000. According to MAEDC President Corey Mehaffy, the company was impressed with the workforce in Howard County as well as the infrastructure that is in place at the Bob Monnig Industrial Park in Glasgow to support the company’s plans for future growth.