NewsMay 26, 2004
Dexter receives $1 million for firm's expansion
Daily Statesman DEXTER, Mo. -- A million-dollar check has guaranteed the creation of more than 250 jobs for the Dexter area. On Monday, U.S. Assistant Secretary of Commerce for Economic Development David Sampson visited the expanded facilities of ArvinMeritor, an automotive supplier, to present the city with the check crucial to financing the company's expansion. The money will go toward the purchase of the former Purolater building to serve as a new plant. The city will lease the building...
Daily Statesman
DEXTER, Mo. -- A million-dollar check has guaranteed the creation of more than 250 jobs for the Dexter area.
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On Monday, U.S. Assistant Secretary of Commerce for Economic Development David Sampson visited the expanded facilities of ArvinMeritor, an automotive supplier, to present the city with the check crucial to financing the company's expansion. The money will go toward the purchase of the former Purolater building to serve as a new plant. The city will lease the building.
The $1 million grant is paired with a $10 million to $12 million investment for tools and equipment by ArvinMeritor.
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