“We've come through a difficult period over the last four years, but the work of our employees in Springfield has been tremendous, in putting together a recovery in all of our product markets,” said company president David Moore.
Moore says the brewery, dairy and pharmaceutical industries are picking up for them. Ozarks Technical Community College will provide workforce training assistance for the company's new hires.
By the time this expansion is done in three years, Paul Mueller will have about 685 employees. Before the recession hit in 2008, it had about 1,100 employees.
Edited news release from governor's office:
SPRINGFIELD, Mo. -- One of the city's oldest companies plans to expand its headquarters here and create 289 new local jobs over the next three years. The Paul Mueller Company, which manufactures stainless steel tanks and other equipment for a variety of industries in more than 100 countries, also intends to make a capital investment of $600,000 to purchase new equipment at its plant here.
Gov. Jay Nixon joined city and company leaders at a news conference on Wednesday morning to announce the expansion. The governor also toured the 71-year-old company’s facility.
“The plans by the Paul Mueller Company to significantly expand would add another chapter to the company’s decades-long history of excellence, and be a big win for the economy of Springfield, the state of Missouri and our manufacturing sector,” Nixon said.
Founded in 1940 in Springfield, the Paul Mueller Company specializes in designing and manufacturing stainless steel tanks, processing systems and other equipment for the food, dairy, beverage, chemical, biofuel, pharmaceutical, biotech and pure water industries. The company now has about 485 employees at its headquarters in Springfield.
The company has developed a significant global presence over the past half-century, as its products are used in more than 100 countries including in Central and South America, Europe and Asia. About 20 percent of the company’s annual sales come from international exports. Increased global demand for Mueller products led to the company’s plans for expansion.
Edited news release from Springfield Area Chamber of Commerce:
On average, wages for the 289 new jobs are above the county average of $34,676 and will include a comprehensive benefits package. Paul Mueller Company has already hired 89 new employees since the beginning of the year bringing the Springfield workforce to a total of 485 employees.
In addition, the company anticipates making a capital investment of $600,000 over the next five years, including the purchase of new equipment and upgrades to its current machinery.
The company will receive workforce training assistance from Ozarks Technical Community College and has qualified for Missouri Department of Economic Development’s tax incentive programs.
The Springfield Partnership for Economic Development, consisting of the Springfield Area Chamber of Commerce, Springfield Business Development Corporation, Greene County, the City of Springfield and City Utilities, with additional support from Missouri Department of Economic Development, worked together with Paul Mueller Company to provide assistance through the successful expansion process. These successful partnerships coupled with highly competitive utility rates and a productive workforce make the Springfield region a prime location for manufacturing facilities like Paul Mueller Company. Recent expansion announcements by John Deere Reman, Digital Monitoring Products, and UnderCover, Inc. provide additional evidence the Springfield region has the right elements for the manufacturing sector to continue to grow.