In the latest example of the manufacturing sector's resurgence in Missouri, Gov. Jay Nixon announced plans for a $6.9 million expansion at Invensys (in-VENN-siss) Controls in West Plains. The company, which manufactures gas delivery control systems for a variety of appliances, plans to add eight new production lines at its West Plains facility and create up to 200 new local jobs over the next two years. Some of the jobs would be transferred from Mexico back to the U.S.
The Governor was joined by company leadership, employees and local community leaders for the announcement at Invensys Controls' facility in West Plains.
"Missouri's manufacturing sector continues to rebound, as evidenced by this excellent news from Invensys," Gov. Nixon said. "This also illustrates how Missouri is bucking the national trend by in-sourcing jobs from Mexico. I am proud that the outstanding team of skilled and hardworking Missourians that make up the Invensys workforce in West Plains was a significant factor in the company's decision to expand its investment in its facility in south-central Missouri."
Invensys Controls is closing a plant in Mexico and realigning the manufacturing of its gas delivery controls business to three other facilities, including two others in Mexico and the facility in West Plains. The company has selected the West Plains facility to serve as its Center of Excellence for gas delivery products, and is reviewing the addition of 33,000 square feet of manufacturing space to accommodate the new production lines. Invensys plans to add approximately 100 new jobs right away, and has plans to create as many as 200 new jobs total within two years.
Invensys Controls has maintained a plant in West Plains since 1970, and currently employs 215 workers there. The company manufactures controls, including valves, thermostats, switches and burners, for gas cooking appliances such as ovens, ranges and fryers. The company's clients include some major national brands, including GE, Whirlpool, Electrolux, Samsung and Sub-Zero/Wolf.
To help Invensys Controls move ahead with its expansion plans, the state of Missouri authorized an economic incentive package totaling about $1.1 million. The company would be eligible for the incentives once it meets the strict requirements of each of the incentive programs.
Today's announcement is just the latest indication of the positive direction of Missouri's economy. Missouri employers created 21,100 new jobs in January of 2012, including 4,300 new manufacturing jobs, while the state's unemployment rate of 7.5 percent is at its lowest point in more than three years. The state also set a record with $14.1 billion in exports during 2011.