LMI Aerospace expanding St. Charles facility, adding 100 jobs
Oct 10, 2012 (Menafn - St. Louis Post-Dispatch - McClatchy-Tribune Information Services via COMTEX) --LMI Aerospace is expanding its St. Charles manufacturing facility and adding 100 jobs over the next five years.
The aerospace manufacturing and engineering services firm announced today the capital invested in this expansion, which will add about 49,000 square feet of office and manufacturing space, will total at least 4.3 million.
The company already has begun to expand its corporate office space. In a few months, construction will begin on expanded assembly space. The new jobs will be a mix of corporate and manufacturing jobs, said LMI's CEO and President Ronald Saks.
LMI began assembly work at its St. Charles facility in 2005 and is seeking to expand its capacity as demand from aerospace suppliers and aircraft manufacturers grows. "We're investing in places where (employees') skill sets match up with the need for products," Saks said.
To help pay for the expansion, the company has applied for up to 1.6 million in state incentives through the Missouri Quality Jobs program, Missouri Gov. Jay Nixon said at a press conference at LMI's headquarters.
"It is a testament to the work force here in St. Charles that when a global leader like LMI needed to expand, they knew they could count on the hard working men and women of Missouri to get that job done," Nixon said.
LMI has 1,600 employees in 17 locations in the U.S. and Mexico, including more than 300 in St. Charles.
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