MO: Automotive Parts Distributor to Locate Facility in Hazelwood, Add Jobs
14 Dec, 2012
The Missouri Department of Economic Development (DED) announced that a company that provides aftermarket parts for the automotive industry will be locating a distribution warehouse in Hazelwood. Perfection Clutch, which distributes a variety of automotive products for prominent auto parts retail stores, plans to renovate an existing facility into its new warehouse, a capital investment of $1.3 million that is expected to create 10 local jobs.
Perfection Clutch distributes automotive products such as clutches, flywheels and clutch hydraulics that are manufactured at its facility in Shanghai, China to customers in the United States. The company’s top customers include O’Reilly, Auto Zone and Advanced Auto Parts stores, and Pefection Clutch’s new distribution warehouse in Hazelwood will locate the company in close proximity to O’Reilly Auto Parts’ headquarters in Springfield. The company chose the Hazelwood site, located at 630 Lambert Point Drive, over a site in the state of Illinois. The new warehouse is expected to be operational during the first quarter of 2013.
To assist Perfection Clutch with its relocation plan, the state of Missouri has authorized an economic incentive package that includes $88,900 in Enhanced Enterprise Zone tax credits, which the company could be eligible for if it meets the strict job creation requirements of the program. Also included in the state’s package is $15,000 in Recruitment Assistance funds.
In addition to DED, the St. Louis Regional Chamber and Growth Association, Missouri Partnership, St. Louis County Economic Council and City of Hazelwood worked as partners in this project.