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Missouri offers $8.7 million in aid for Sedalia energy company

Wednesday, April 20, 2011 | 3:45 p.m. CDT

SEDALIA — Missouri is offering $8.7 million of incentives to a Sedalia energy company for an expansion that Gov. Jay Nixon says could add more than 300 jobs.

Nixon highlighted the incentive package Wednesday for ProEnergy Services. He said the company plans to spend $25.7 million over the next three years to expand its facilities, including several buildings to be used for the assembly, storage and service of turbine engines.

Much of the state aid will be in the form of Quality Jobs tax breaks, which are provided to companies that add jobs with at least average wages and health benefits.

ProEnergy Services employs about 1,000 people and also has offices in Texas, Oklahoma, Colorado and several foreign countries.

 


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Comments

Bob Hill April 20, 2011 | 5:07 p.m.

Key phrase -- "could add more than 300 jobs". Anyone want to place a bet if these jobs will EVER materialize?

(Report Comment)
Jack Clark April 21, 2011 | 12:29 a.m.

There had better be a stipulation that NONE of the "300 jobs" can be "temporary" or "part time" jobs - they MUST be permanent, long term, benefit providing employment opportunities. Too many businesses receive tax abatements and other "benefits" with promises of "tons of new jobs", only to find out later those positions are almost entirely temporary or part-time positions - and none of them with benefits.

(Report Comment)

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