by Valerie Verkamp
Landmark assistant editor
Multivac, a worldwide leader in food and medical packaging, announced Thursday that it will expand operations at its U.S. headquarters in Platte County.
The $6.9 million expansion will generate 50 new jobs over the next few years, bringing its local work force to approximately 150 by the end of 2020. Company officials say they are actively seeking sales and technical talent, as well as engineering and field service technician staff members.
Multivac has been progressively growing its manufacturing of food packaging equipment in Kansas City for 25 years. The company is now a global leader in packaging solutions for food, medical, consumer and industrial products, with operations in over 140 countries.
"2015 was a record-breaking year for Multivac U.S. in terms of revenue," said Multivac CEO Jim Campbell. "We continue to expand and strengthen our presence in the U.S. market through our robust product lines and service offerings. Of course, our growth would not be possible without our talented associates driving it. Business demands and opportunities have put us in the fortunate position of being able to add headcount each year, which we will continue to do in 2016.”
Multivac provides products and services to some of the largest food processors in the nation. The company's machine-packaged products can be seen in grocery stores across the country. Fresh ground beef wrapped up on foam trays, packaged deli meats and cheeses, as well as individually portioned condiments and frozen food items are among the many items packaged by Multivac.
The local expansion, most of which was completed last year, will increase the total manufacturing space to 120,000 square feet. The additional space will come completely online in April, which allow the company to further meet the increasing demands of its manufacturing processes.
The Missouri Department of Economic Development points out that advanced manufacturing is one of the leading job creators in Missouri, with more than 16,000 new advanced manufacturing jobs created since 2010. The industry is attributed for contributing upwards of $35 billion to the economy.
“Advanced manufacturing is one of Missouri's most important and fastest growing industries,” said Mike Downing, director of the Missouri Department of Economic Development. “Companies such as Multivac continue recognizing the global advantages of Missouri in terms of access to market, cost savings, talent and more.”
The Missouri Department of Economic Development will administer a strategic economic incentive package to Multivac if the company continues to meet the specific job creation and capital investment criteria it has committed to with the expansion. The Platte County Economic Development Corporation served as a partner with the Missouri Department of Economic Development in securing the local expansion.
"We did ongoing business retention and made certain they had all the resources they needed," said Alicia Stephens, executive director of the Platte County Economic Development Council.