MO: Automated Motion to Invest $1.6M to Expand to Larger Facility in Lee’s Summit
10 Jun, 2013
The Missouri Department of Economic Development (DED) announced that Automated Motion, Inc., an engineering and manufacturing company, will be expanding its Lee’s Summit facility. The expansion includes a $1,648,000 capital investment and is expected to create 14 new full-time jobs.
Automated Motion is a full-service design engineering and contract manufacturing company that specializes in electro-mechanical assemblies and devices and automated systems. By identifying, designing and implementing cost-effective solutions, Automated Motion helps increase productivity and profitability in multiple industries. The company is experiencing a rapidly growing demand for its products and services and purchasing a larger facility will allow Automated Motion to continue to meet its customers’ needs.
Automated Motion’s expansion is just the latest victory in the Missouri manufacturing industry. Several Missouri manufacturers have recently announced significant expansions, including Yanfeng USA Automotive Trim Systems (263 new jobs, $45 million capital investment) in Riverside, Ranpak Corporation (25 new jobs, $2 million capital investment) in Kansas City and Meramec Electrical (47 new jobs, $5.7 million capital investment) in Cuba. With the 8th lowest corporate taxes, 8th lowest average commercial energy costs and the 9th best transportation network, Missouri provides a favorable climate for thriving businesses.
Some of Missouri’s resources and initiatives that have aided business expansions include the Certified Work Read Community Program, export assistance, customized job recruitment and screening, Certified Site designation, LocationOne site and building database, and others that can be found at www.ded.mo.gov.
To assist Automated Motion with its expansion, the Department of Economic Development has authorized a strategic economic incentive package that the company can receive if it meets strict job creation and investment criteria.