Friday, July 09, 2010

Jobs Coming to Missouri Declares Governor

Gov. Jay Nixon will visit Moberly on Friday morning to announce the arrival of a new business in Moberly, one that will initially creat at least 312 jobs and an estimated 600 jobs after several years of operation.

Mamtek International Ltd., a Hong Kong-based manufacturer of the artificial sweetener sucralose, will place a “state-of-the-art” production plant in Moberly. The multinational company has both Chinese and American ownership. Mamtek manufactures the SweetO brand of sucralose, a zero-calorie, zero-carbohydrate sweetener that can be used in a range of food and pharmaceutical products.

The plant will produce over 300,000 kilograms of sucralose and create the 312 jobs over the next 18 months, with an initial investment of $46 million in the local economy. This is according to a statement from the Midwest U.S.-China Association (MWCA), a nonprofit, bipartisan group that promotes opportunities between the American Midwest and China.

Former Missouri Gov. Bob Holden is the chairman of the MWCA, which aided Mamtek in its site selection process and helped foster the relationship between Moberly are Mamtek. Several other luminaries of American politics are involved or have been involved with the MWCA, including Walter Mondale and Adlai Stevenson III (son of Adlai Stevenson II, the Democratic Presidential candidate in 1952 and 1956).

The MWCA informed the 12 states in its area about the Mamtek opportunity, and nine became actively involved in courting the company's new facility. Mamtek made 11 site visits before deciding to locate operations in Moberly, according to the MWCA.

See Friday's Monitor-Index for the full story.

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