Paul Mueller Company Breaks Ground on New Building Construction
Paul Mueller Company (OTC: MUEL) has broken ground on a new $22 million facility at its Springfield, MO headquarters, set to create 133 new jobs. The expansion includes a 100,000-square-foot building with 60,000 square feet of clear-span, climate-controlled production area, doubling the company's R&D space. This investment aims to increase capacity for large production module assembly and enhance innovation capabilities.
The new facility, designed for energy efficiency, will also offer improved employee amenities and advanced training opportunities. Paul Mueller Company will benefit from the Missouri Works program and receive assistance from Missouri One Start for recruitment and training needs. The expansion is expected to strengthen Springfield's reputation as a leader in stainless steel manufacturing and contribute to the local economy's growth.
La Paul Mueller Company (OTC: MUEL) ha inaugurato una nuova struttura da 22 milioni di dollari presso la sua sede a Springfield, MO, destinata a creare 133 nuovi posti di lavoro. L'espansione comprende un edificio di 100.000 piedi quadrati con 60.000 piedi quadrati di area di produzione a temperatura controllata, raddoppiando lo spazio dedicato alla ricerca e sviluppo dell'azienda. Questo investimento mira ad aumentare la capacità per l'assemblaggio di moduli di produzione di grandi dimensioni e a migliorare le capacità di innovazione.
La nuova struttura, progettata per l'efficienza energetica, offrirà anche migliori servizi per i dipendenti e opportunità di formazione avanzate. La Paul Mueller Company beneficerà del programma Missouri Works e riceverà assistenza dal Missouri One Start per le esigenze di reclutamento e formazione. L'espansione si prevede rafforzerà la reputazione di Springfield come leader nella produzione di acciaio inossidabile e contribuirà alla crescita dell'economia locale.
La Paul Mueller Company (OTC: MUEL) ha iniciado la construcción de una nueva instalación de 22 millones de dólares en su sede de Springfield, MO, que generará 133 nuevos empleos. La expansión incluye un edificio de 100,000 pies cuadrados con 60,000 pies cuadrados de área de producción climatizada y de planta libre, duplicando el espacio de I+D de la empresa. Esta inversión tiene como objetivo aumentar la capacidad para el ensamblaje de módulos de producción grandes y mejorar las capacidades de innovación.
La nueva instalación, diseñada para la eficiencia energética, también ofrecerá mejores servicios para los empleados y oportunidades de capacitación avanzadas. La Paul Mueller Company se beneficiará del programa Missouri Works y recibirá asistencia del Missouri One Start para sus necesidades de reclutamiento y formación. Se espera que la expansión fortalezca la reputación de Springfield como líder en la fabricación de acero inoxidable y contribuya al crecimiento de la economía local.
폴 뮬러 컴퍼니 (OTC: MUEL)는 2200만 달러 규모의 새로운 시설을 착공했습니다 이 시설은 미주리주 스프링필드 본사에 위치하며, 133개의 새로운 일자리를 창출할 예정입니다. 이번 확장은 전체 100,000평방피트 규모의 건물로, 60,000평방피트에 달하는 기후 제어 생산 공간을 포함하고 있어 회사의 연구 개발 공간을 두 배로 늘릴 것입니다. 이 투자의 목적은 대형 생산 모듈 조립 능력을 늘리고 혁신 능력을 향상시키는 것입니다.
새로운 시설은 에너지 효율성을 위해 설계되었으며, 또한 개선된 직원 편의 시설과 고급 교육 기회를 제공할 것입니다. 폴 뮬러 컴퍼니는 미주리 워크스 프로그램의 혜택을 받을 것이며, 미주리 원 스타트로부터 채용 및 교육 필요에 대한 도움을 받을 것입니다. 이번 확장은 스프링필드가 스테인리스 강 제조의 선두주자로서의 명성을 강화하고 지역 경제 성장에 기여할 것으로 예상됩니다.
La Paul Mueller Company (OTC: MUEL) a lancé la construction d'une nouvelle installation de 22 millions de dollars dans son siège à Springfield, MO, qui devrait créer 133 nouveaux emplois. L'expansion inclut un bâtiment de 100 000 pieds carrés avec 60 000 pieds carrés d'espace de production contrôlé par le climat, doublant l'espace de R&D de l'entreprise. Cet investissement vise à augmenter la capacité d'assemblage de grands modules de production et à améliorer les capacités d'innovation.
La nouvelle installation, conçue pour l'efficacité énergétique, proposera également de meilleures commodités pour les employés et des opportunités de formation avancées. La Paul Mueller Company bénéficiera du programme Missouri Works et recevra de l'aide du Missouri One Start pour ses besoins en recrutement et en formation. L'expansion devrait renforcer la réputation de Springfield en tant que leader dans la fabrication de l'acier inoxydable et contribuer à la croissance de l'économie locale.
Die Paul Mueller Company (OTC: MUEL) hat ein neues 22 Millionen Dollar umfassendes Gebäude in ihrem Hauptsitz in Springfield, MO, eröffnet, das 133 neue Arbeitsplätze schaffen wird. Die Expansion umfasst ein 100.000 Quadratfuß großes Gebäude mit 60.000 Quadratfuß klimatisiertem Produktionsbereich, wodurch die Forschungs- und Entwicklungsfläche des Unternehmens verdoppelt wird. Diese Investition zielt darauf ab, die Kapazität für die Montage großer Produktionsmodule zu erhöhen und die Innovationsfähigkeiten zu verbessern.
Die neue Einrichtung, die auf Energieeffizienz ausgelegt ist, wird auch verbesserte Mitarbeiterannehmlichkeiten und fortschrittliche Weiterbildungsmöglichkeiten bieten. Die Paul Mueller Company wird vom Missouri Works Programm profitieren und Unterstützung von Missouri One Start für Rekrutierungs- und Schulungsbedarfe erhalten. Die Expansion wird voraussichtlich den Ruf von Springfield als führenden Hersteller von Edelstahl stärken und zum Wachstum der lokalen Wirtschaft beitragen.
- Investment of $22 million in new facility construction
- Creation of 133 new jobs
- Addition of 100,000 square feet of space, including 60,000 square feet of production area
- Doubling of R&D square footage
- Increased capacity for large production module assembly
- Enhanced innovation capabilities
- Largest backlog and highest profitability in company history
- Benefit from Missouri Works program for job creation incentives
- Assistance from Missouri One Start for recruitment and training needs
- None.
SPRINGFIELD, Mo., Aug. 26, 2024 (GLOBE NEWSWIRE) -- Paul Mueller Company (OTC: MUEL) broke ground today on a new building construction at its headquarters in Springfield, MO, investing
“Paul Mueller Company’s new facility is another example of the exciting growth happening across southwest Missouri,” said Governor Mike Parson. “Our investments to improve infrastructure and strengthen our workforce continue to produce results that are making a lasting difference for Missourians. Paul Mueller Company, as a world-class manufacturer that began right here in our state, is another quality employer we’re excited to see succeeding in the Springfield area.”
Paul Mueller Company’s new production facility will add more than 100,000 square feet of space, including 60,000 square feet of clear-span, climate-controlled production area. The company’s expansion will also double its R&D square footage, enhancing its ability to innovate while adding new production capabilities and capacity for increased operational flexibility.
“We are proud to break ground on this 100,000-square-foot facility in Springfield, Missouri,” said David Moore, President and CEO of Paul Mueller Company. “It will provide a column-free open manufacturing space where we can assemble and test larger systems for our pharmaceutical, food, beverage, and chemical customers. Our coworkers have made this possible by safely providing increased value to our customers, resulting in the largest backlog and highest profitability in our history. The facility will also expand product development and training capabilities to support our growth. We look forward to continuing to offer our customers the talents of our coworkers and the resources of Springfield when the facility opens next year.”
Designed with energy efficiency in mind, Paul Mueller Company’s new facility will also include enhanced amenities to ensure employee comfort in addition to advanced training opportunities that reinforce the company’s commitment to excellence in manufacturing. The company held a groundbreaking event today near the corner of Phelps Street and LaFontaine Avenue in Springfield to commemorate its expansion.
“We’re proud to continue to support Paul Mueller Company as it furthers its legacy of helping Missourians prosper in Springfield,” said Michelle Hataway, Director of the Department of Economic Development. “This expansion is the latest chapter of the company’s long history of contributions to southwest Missouri and its vibrant manufacturing industry. We’re grateful for Paul Mueller’s ongoing commitment to our state and appreciate our partners who helped ensure its continued growth.”
For this expansion, Paul Mueller Company will benefit from the Missouri Works program, a tool that helps companies expand and retain workers by providing access to capital through withholdings or tax credits for job creation. The company is also receiving assistance from Missouri One Start, a division of the Department of Economic Development. Missouri One Start assists eligible businesses with their recruitment and training needs.
What others are saying
"We are excited to celebrate this significant milestone with the Paul Mueller Company," said Springfield Mayor Ken McClure. "We are so fortunate to have a global company with such a positive local impact right here in Springfield. Since 1940, the Paul Mueller Company has helped Springfield become known as one of the world’s leaders in stainless steel manufacturing. This expansion will help further that reputation."
"The Chamber is thrilled about this expansion," said Matt Morrow, President of the Springfield Area Chamber of Commerce. "The growth of Paul Mueller has always had an incredible ripple effect on the local economy for over 80 years, and their reputation as a global leader in stainless steel manufacturing that started right here in Springfield is just one of the things that sets this community apart. Springfield grows its own, and Paul Mueller's continued investment and leading job creation is a great example of what we are capable of achieving."
"It is always a good thing to see manufacturers growing and expanding," said Michael Eaton, Executive Director of the Missouri Association of Manufacturers. "Manufacturing is a vital part of the economy and important to a community, providing jobs and opportunities. Paul Mueller Company has been one of those flagship manufacturing companies here in Springfield, establishing southwest Missouri as the Stainless Steel Tank capital of the world - spanning other manufacturing operations in the region and supporting this community. This expansion demonstrates how critical manufacturing growth is to economic growth."
About Paul Mueller Company
Paul Mueller Company, headquartered in Springfield, Missouri, has manufacturing and sales operations in Iowa, the Netherlands, and Vietnam. Paul Mueller Company employees build innovative processing equipment worldwide for dairy farms, food and beverage, pharmaceutical, and chemical facilities.
To learn more about Paul Mueller Company, visit paulmueller.com.
About the Missouri Department of Economic Development
The Missouri Department of Economic Development (DED) works to create an environment that encourages economic growth by supporting Missouri’s businesses and diverse industries, strengthening our communities, developing a talented and skilled workforce, and maintaining a high quality of life. As one team built around the customer and driven by data, DED aspires to be the best economic development department in the Midwest. Through its various initiatives, DED is helping create opportunities for Missourians to prosper.
For the latest updates on DED’s current or future programs and initiatives, visit DED’s website.
About the Missouri Works Program
As the state’s number one incentive tool for expansion and retention, the Missouri Works Program helps businesses access capital through withholdings or tax credits to embark on facility expansions and create jobs. This program can also help businesses purchase equipment to maintain its facility in Missouri.
About Missouri One Start
Missouri One Start is the state’s premier workforce recruitment and training division. It helps eligible businesses of all sizes stay competitive by providing customized recruitment assistance, along with resources to train and upskill new and existing employees. Its recruitment strategies and training programs are tailored to the specific workforce needs of the businesses it serves.
Press Contact: Ken Jeffries | Paul Mueller Company | Springfield, MO 65802
(417) 575-9346
kjeffries@paulmueller.com | www.paulmueller.com
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