Moberly Area Economic Development Corporation today announced that the multinational company Mamtek International and its affiliate Mamtek U.S., producers of a healthy sugar substitute called sucralose, plan to base U.S. manufacturing operations in Moberly.
The new factory will create 612 new local jobs, with 312 anticipated to come online over the next 18 months, as well as an anticipated initial investment of $46 million into the local economy. The facility will produce 300,000+ kilos of sucralose per annum, with the operational plan in place to expand to 1,200,000 – 1,500,000 kilos over the next several years.
“This is an exciting project that will have a huge impact on the economy in north-central Missouri,” said Moberly Mayor Bob Riley. According to Riley the project was a collaborative effort with several organizations. He went on to add, “This project is another example of the public and private sectors working together to create investment and promote growth in our area.”