More jobs are coming to Verona. The Missouri Department of Economic Development and Kemin Industries Friday announced that Kemin will expand its production facility in Verona. The 5-year expansion plan includes a more than $14 million capital investment and is expected to create 24 new jobs. The expansion will allow increased production capacity of the existing facility that manufactures meat protein used in palatants for premium and super premium pet foods. The plant currently employs 53 people.
“Kemin’s announcement today is another big win for Missouri,” said Mike Downing, Acting Director of the Missouri Department of Economic Development. “The company’s investment in our state will create good jobs and boost our economy. We’re proud to partner with Kemin on its expansion.”
“We are pleased that Kemin has decided to expand inside our city and can benefit from the Enhanced Enterprise Zone that we are a part of,” said Verona Mayor Willis Huston “We hope that others will take advantage of it as we seek to revitalize the city.”
To assist Kemin with its expansion in Verona, the Department of Economic Development has authorized a strategic economic incentive package, estimated at more than $300,000, which the company plans to receive by meeting the department’s strict job creation and investment criteria.
A privately held, family-owned and operated company, Kemin has nearly 2,000 employees and operates in 90 countries with manufacturing facilities in Belgium, Brazil, China, India, Italy, Singapore, South Africa and the United States.